*Please Note – Amanda Luhavalja was out of the office today but will return on Monday, January 29, 2024. For any questions or comments, please contact Bob Lane.
Biomass-based diesel had stronger than expected blending data over the fourth quarter of 2023. Surpassing mandated production and beating EPA expectations on the additional amounts needed to fill shortfalls in other fuel categories.
The excess production has created negative pressure within the market. Strong Q4 production limited some first quarter 2024 demand and the large production also sent RIN prices spiraling lower, causing some biofuel producers to pull back on production.
…
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...