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…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...