LCFS Credit Volume Reaches 5-Week High

LCFS Credit Volume Reaches 5-Week High

**Please Note** The Jacobsen will not publish The Biodiesel Bulletin next Thursday & Friday, November 27th and 28th, in observance of the Thanksgiving holiday. Trade will close at noon CT on Wednesday with publication shortly after.**

 

LCFS – Spot Market Credit Prices Continue to Foreshadow Lower Prices

LCFS credit volume rebounded last week, hitting a five-week high of 618,108.  Ninety four percent of the weekly transactions were Type 2 transactions, which have an unconfirmed date range but are outside the 10-day transaction window between the time an agreement is made and executed.  Weekly volume of 618,108 was noticeably above the prior week and 37 percent over the 2021 weekly average of 449,861.  Fourth quarter volume is 64 percent over third quarter volume and 61 percent above Q4 of 2020. There were 65 transactions during the week, up from eight the week before. The weighted average price paid per credit increased $5.96 to…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

12.31.2024

US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA

US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA

The US is on track to consume more than five billion gallons of biodiesel and renewable diesel for the first time, the Clean Fuels Alliance America (CFAA) said in...

12.31.2024

Market activity remains muted amid New Year’s holiday

Market activity remains muted amid New Year’s holiday

The US animal fats and oils markets were unchanged on Tuesday December 31, as market activity remained muted amid the New Year's holiday.

Prices for choice white grease...

12.31.2024

US weekly soybean, wheat, corn export inspections drop

US weekly soybean, wheat, corn export inspections drop

Weekly export inspections
Export inspections of US grains showed a decline for corn, soybean and wheat in the week to December 26, according to data from the USDA released...

Latest Tweets