Biomass-based diesel D4 RIN prices rose by 3 cents per RIN on Thursday February 20 after data from the US Environmental Protection Agency (EPA) showed a sharp decrease in generation from both domestic production and imports.

The decrease in imports can be attributed to the replacement of the Blender’s Tax Credit with the Clean Fuel Production Credit, which does not provide tax benefits for imported biofuels.

On the domestic front, production of biodiesel in particular dropped off sharply in January, with market sources citing thin margins. While integrated producers have been able to keep their production lines running, many smaller stand-alone biodiesel plants have stopped producing since the beginning of the year.

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