RIN prices soar after RFS comment period closes

July 12, 2016 |

In New York state, in anticipation of higher blending mandates in 2017 under the Renewable Fuel Standard, D6 RIN prices jumped to nearly three-year highs at 99 cents as of Monday, the end of the public comment period on next year’s rules. That’s up 5 cents since last week. D4 RINs jumped 4 cents to $1.04, also the highest in almost three years. Analysis suggests that a tighter RIN market has already been priced into RIN trade and shouldn’t see them go back up to $1.40 as they did in 2013.

Category: Fuels

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