LCFS Credit Volume 50% Over Weekly Average
LCFS credit volume continued to rise in this week’s weekly credit transfer report. Weekly LCFS credit volume of 710,263 was 42 percent over last week and 50 percent above the 2021 weekly average of 472,621. Second quarter volume is 10 percent over first quarter volume and 29 percent above Q2 of 2020. The average price paid per credit increased $0.74 to $191.18. Of the 55 transactions posted, Type 1 transfers totaled 165,654 credits and Type 2 transfers 544,609 credits. Type 1 transfers accounted for 31 percent of the transactions and 23 percent of the volume.
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 provide a more accurate indication of market conditions and price…
05.14.2024
LCFS credit trading volumes, prices decline on week
California Low Carbon Fuel Standard (LCFS) credit volumes declined sharply while the average credit price moved lower in the week ended Sunday May 12, according to the figures released...
05.14.2024
Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average
Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels...
05.14.2024
Dog, cat food exports for Q1 2024 drop in price, volume year on year
Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the...