05.10.2024
2024 RIN Dashboard April Edition
Renewable Identification Number (RIN) generation has been strong during the first quarter of 2024. The original 2024 mandate was based on fuel assumptions that have since changed. ...
Falling soybean oil prices and an uptick in heating oil values combined to take some additional pressure off the bean oil/heating oil spread. The BOHO dropped nearly five cents to 93.5 cents per gallon, painting a somewhat more rosy outlook on production and blending economics. Soybean oil prices dropped 42 points to 33.01 cents per pound while HO climbed nearly 2 cents to $1.49 per gallon.
Biodiesel RINs tried to continue…