LCFS credit volume of 448,946 was 38 percent below last week but 18 percent over last year’s volume for the same weekly period. Volume for the week ending December 12, 2021, was on par with the weekly 2021 average. Fourth quarter volume is 74 percent over third quarter volume and 65 percent above Q4 of 2020. There were 43 transactions during the week, down from 48 the week before. The weighted average price paid per credit declined $3.15 to $169.17. Of the 43 transactions posted, Type 1 transfers totaled 134,446 credits while Type 2 transfers accounted for 307,000 credits. Type 1 transfers were 40 percent of the transactions and 30 percent of the volume, according to the California Air Resources Board (CARB).
Type 1 transactions are executed within 10 days of an agreement and would be considered spot market trades. Type 2 transactions are executed beyond 10 days of a transfer agreement and do not provide a date the…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...