Biodiesel Market

Closing Comments

RIN values showed some life, as ethanol output hit a 27-month low last week and biodiesel production has been trending lower, heading into what may likely be its seasonal first quarter swoon. This may have provided some underlying support for values.  The 2019 biodiesel RINs traded last at 57.5 cents and closed 57.5 bid vs a 58.5 offer. The biodiesel 2019 RIN was up 1.5 cents for the day. The 2019 ethanol RIN…