Average Weekly LCFS Credit Price Steady at $80

Average Weekly LCFS Credit Price Steady at $80

 

Weekly LCFS Credit Volume Hits 25-Week Low

Weekly LCFS credit volume hit a 25-week low last week, but the average price paid per credit held steady. Credit transactions during the week ending May 21, 2023, of 218,597 were 46 percent below the 407,945 credits traded the week prior, but on par with last year’s weekly volume of 210,867. Additionally, trading was 71 percent below the prior four-week average of 757,798.

The average price paid per credit increased $0.14 to $80.28, a 16-week high, while the average value of a spot market trade declined for the first time in five weeks, falling $0.58 to $83.23.  The average spot market price is $2.95 above the average price for all trades.  This is significant, as it is the sixth consecutive week the average weekly spot price closed above the average contracted price.  June of 2020 was the last time this occurred, and it may indicate LCFS credit prices have reached a…

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

02.07.2025

Sausage casings bulletin, February 7, 2025

Sausage casings bulletin, February 7, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is r...

02.07.2025

US grain futures plunge ahead of weekend

US grain futures plunge ahead of weekend

Chicago Mercantile Exchange grain prices fell on Friday, with the March soybean futures contract decreasing by 11 cents per bushel to settle at $10.49 per bu and March soymeal...

02.07.2025

US weekly cattle slaughter falls 1% to 593,858 head; YTD down 3%

US weekly cattle slaughter falls 1% to 593,858 head; YTD down 3%

The US hide market was relatively slow to close the week on Friday February 7. Market sources indicated that trading was flat, though there were trades reported on Colorado...

Latest Tweets