California LCFS credit volumes rise, prices fall week on week

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California LCFS credit volumes rise, prices fall week on week

Alexandra Watts | 12.12.2024

California Low Carbon Fuel Standard (LCFS) credit volumes were up sharply while the average credit price declined in the week ended Sunday December 8, figures released on Wednesday December 11 by the California Air Resources Board (CARB) showed.

LCFS transaction volume totaled 1,540,517 contracts over the week, up from 685,531 contracts the week prior. The average price was $66.91 per credit, down by $3.16 per credit from $70.07 per credit the week before.

The average price of a spot market trade was...

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12.12.2024

California LCFS credit volumes rise, prices fall week on week

California LCFS credit volumes rise, prices fall week on week

California Low Carbon Fuel Standard (LCFS) credit volumes were up sharply while the average credit price declined in the week ended Sunday December 8, figures released on Wednesday December...

READ MORE

12.12.2024

Grease prices continue to soften while Gulf UCO trades stable to higher

Grease prices continue to soften while Gulf UCO trades stable to higher

The US animal fats and oils markets continued to show mixed dynamics on Thursday December 12, with tallow markets remaining notably quiet while grease prices continued to soften across...

READ MORE

12.12.2024

Looming port strike adds negative price risk to animal protein markets: sources

Looming port strike adds negative price risk to animal protein markets: sources

Negative sentiment continued to hang over the meat and bone meal (MBM) markets on Thursday December 12, although trading reports were limited throughout the day.

Much of the...

READ MORE

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