Negative Tone Persist in Fats, Oils and Grease Markets
The overall market was fairly quiet today in terms of trading. The only price change was a ½ cent...
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Average LCFS Spot Trade at 45-Week Low in CARB Transfer Report
Weekly LCFS credit volume declined last week, and credit prices continued to drift lower. Volume is likely to continue to move lower into February before starting to follow its cyclical trend higher again.
Volume reached 1.01 million during the week ending January 21, 2024, 25 percent below last week’s volume but 40 percent abover the 723,365 credits transacted last year. Additionally, weekly transactions were 38 percent below the prior four-week average of 1.6 million.
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