Heating Oil Drops Continue to Pressure Fat Market Lower
Technical tallow traded lower today, down to 70 cts/lb Chicago in substantial volume. There was a one car trade...
Weekly LCFS credit volume followed its quarterly cyclical trend, as volume pushed to a nine-week high last week. Historical data suggests weekly volume may rise to 1.5 million contracts in the next week or two. Increased volume contributed to lower credit prices during the week, with the average spot market price falling to a 29-week low. The LCFS reporting period ended October 2, 2023, and has a publication date of October 31, 2023.
2023 LCFS credit volume is 4.4 million above ...