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...
It was a busy week in the runner market with the highest weekly volume reported in years. Three containers were reported this week, one at $1.06 and two at $0.9500. Sources trading in US$ material continue to report difficulties with the exchange rate and exports. Relative to the US$, the Euro is at a 12 year low.
EU material was fairly steady this week, with the rolling average falling 0,005€. Sources have…