CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf...
Author: Alexandra Watts
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production of RINs on record, providing downward pressure on RIN values due to the large surplus of 2023 D4 RINs generated during the year.
The original 2024 RIN mandate calls for 21.54 billion total RINs: 1.09 billion cellulosic D3 RINs, 4.86 billion biomass-based diesel (BBD) D4 RINs, 6.54 billion advanced biofuel D5 RINs, and 15...
