Weekly credit volume slowed during the third week of April. Credit volume of 346,968 was 44 percent below last week’s total but 298,250 credits over the same period in Q2 2019. The average price paid per credit increased $0.92 to $200.66 as credit values continued to stabilize. There were 49 transactions, seven less than last week. There were 18 type 1 transfers for 51,468 credits and 31 type 2 for 295,500 credits. Type 1 transactions are trades executed within 10 days of a transfer agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. The weighted average price for type 1 trades was $191.22 and the weighted average for all trades was $200.66. Average 2020 weekly credit volume decreased to 373,419 contracts per week. Second quarter volume is 64 percent over first quarter volume and 467 percent over Q2 of 2019.
Trading was heaviest on Tuesday with 36 percent of…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
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05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
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Animal protein prices steady amid avian flu outbreak
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