05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Trading was limited to the EU market this week, four containers were reported at €1,21. Sources continue to report very strong demand for spot material. Sources have unanimously agreed that the market is headed higher, the degree of the rate increase is the only thing debated.
Figure 1.
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