LCFS credit volume surged from 116,000 to 725,572 during the week ending December 5, 2021. Weekly volume was 500 percent over the prior week and 62 percent above the 2021 weekly average of 448,650. Fourth quarter volume is 66 percent over third quarter volume and 71 percent above Q4 of 2020. There were 48 transactions during the week, up from 10 the week before. The weighted average price paid per credit increased $0.29 to $172.32. Of the 48 transactions posted, Type 1 transfers totaled 99,310 credits while Type 2 transfers accounted for 626,262 credits. Type 1 transfers were 19 percent of the transactions and 14 percent of the volume, according to the California Air Resources Board (CARB).
Type 1 transactions are executed within 10 days of an agreement and would be considered spot market trades. Type 2 transactions are executed beyond 10 days of a transfer agreement and do not provide a…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...