The Jacobsen is proposing to change the price assessment methodology and pricing for the SME Biodiesel FOB US Gulf, SME Biodiesel FOB New York Harbor and FAME FOB USG and NYH – B100 Flat Price.
Currently the price assessments are assessed without the $1/gal blender’s tax credit included in the price.
Fastmarkets The Jacobsen would therefore propose to include the $1/gal blenders tax credit in the price starting on Sep 23rd, 2023 after a period of consultation with the industry. The inclusion of the blenders tax credit would remain as part of the price assessment, following the legislative inclusion, i.e. the credit value will be reflective of what is legally current.
To comment on this proposal, please email: [email protected] or [email protected] by September 22nd, 2023 indicating “B100 BTC” in the subject line of the email.
…
10.18.2024
RIN prices fall week on week despite lower reported US biodiesel output
Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...
10.18.2024
US DCO prices decrease amid quiet trade week
US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...
10.18.2024
Lackluster trade volume keeps weekly US animal proteins prices mostly steady
US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a...