Biodiesel

Biodiesel

 

Q2 2020 LCFS Transaction Volume 23% Over Q1 & 133% over Q2 2019 

Weekly credit volume increased during in the last week of June but was still well below average as the second quarter came to a close. Volume of 258,808 was 61 percent over last week’s volume but 26 percent below the average weekly volume for the year.  The average price paid per credit fell $6.52 to $198.79. There were 23 transactions, eight were type 1 transfers of 53,063 credits and 15 were type 2 transfers of 205,745 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. Type 1 transactions give a somewhat clearer indication of where the market is trading since Type 2 transactions do not provide a date the agreement was entered into. The weighted average price for type 1 trades was $206.95, which was $8.16 over the average price of all trades. Second quarter…

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