LCFS Credit Volume Hits 24-Week High

LCFS Credit Volume Hits 24-Week High

 

LCFS Weekly Credit Transfer Activity 

Weekly LCFS credit volume of 851,528 was 125 percent above the average weekly credit volume for the year and 406,589 credits more than was traded the week prior.  Credit volume reached a 24-week high and was 80 percent over last year’s total for the same period.  The average price paid per credit increased $1.28 to $198.47. There were 94 transactions, 15 percent were type 1 transfers of 124,754 credits and 85 were type 2 transfers of 726,774 credits. Type 1 transactions are executed within 10 days of an agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. Type 1 transactions may give a better indication of current market conditions since Type 2 transactions do not provide a date the agreement was entered into. The weighted average price for type 1 trades was $196.06, $2.41 below the average for all trades. Fourth quarter volume is nine percent over third quarter…

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