LCFS: Credit Volume 9-Week High, Price Drops to 23-Week Low

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LCFS: Credit Volume 9-Week High, Price Drops to 23-Week Low

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 ...

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