05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
California’s LCFS – February credit volume increases 17%, average credit price continues to bottom out
The average credit price fell to $24 while the range the credit traded throughout the month expanded to $20 to $29 (ton CO2e). February EMTS numbers were also recently released, showing strong ethanol production but below average biodiesel/renewable diesel production for this time of year. Strong ethanol production may be keeping a lid on the upside for LCFS…