LCFS Credit Prices Hit 3-Year Low

LCFS Credit Prices Hit 3-Year Low

 

LCFS Credit Prices Trade Below $140 for First Time Since May 2019

LCFS credit volume for the week ending February 27, 2022, of 600,923 continued to move higher for a second straight week. Trading volume increased nearly 11 percent from last week and was 113 percent over the prior four-week average of 282,214.   

Increased volume did not translate into rising credit prices, as 50.5 percent of the volume was transacted below $160, and 21 percent of the volume was under $140. Credit prices reached a three year low of $136 and appear to be trending lower on a weekly basis as contracted trades follow spot market trades lower.

First quarter LCFS credit volume is 25 percent over first quarter 2020 and fractionally above fourth quarter volume. There were 48 transactions during the week, exactly matching the number of transactions the week before. The weighted average price for all credits traded decreased $2.40 to…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

03.27.2024

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois is looking to become the fifth sate to create a clean fuel transportation standard. The Illinois version, if passed, may not be as robust as the ones...

03.27.2024

Sellers see steady to higher prices on interior market trades

Sellers see steady to higher prices on interior market trades

Distiller’s corn oil (DCO) traded higher into the Manly, IA market today, topping out at a high of 47.75 cents lb. Trading into the Gulf and on an FOB...

03.27.2024

Aprill broiler slaughter forecasted below 2023

Aprill broiler slaughter forecasted below 2023

The proximity of the extended Easter holiday weekend kept some participants off the market at mid-week, leaving values generally steady.

Poultry by-product pet grade was reported lower in...

Latest Tweets