RIN prices continued to rapidly move higher this morning, with B24 RINs reportedly pushing up to 60 cents before pulling back later in the day. There was market speculation surrounding the EPA potentially limiting imports of some Asian UCO. This has not been confirmed, nor has it been confirmed the EPA is even considering any UCO exclusions.

The D4 B24 RIN closed at 56.75 cents, 24 percent above where it was trading at this time last week, but still down 27 percent from the start of the year. Today’s RIN rally provided relief for margins. While renewable diesel margins have been solidly in the black, stand-alone biodiesel producers have been operating at, or near, the red.

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