The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur diesel (ULSD) futures weakened.
Prices for renewable identification numbers (RINs) moved higher a day after data from the US Environmental Protection Agency (EPA) showed lower generation under the Renewable Fuel Standard (RFS) for the month of August.
D6 RINs were up by nearly 2 cents per RIN on the day at 60.75 cents per RIN and were at parity to the D4 price.
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