In New York state, Platts reports D4 RINs rallied to a three-year high late last week to just over $1 each on the back of stronger CBOT soybean oil futures. Without the Environmental Protection Agency announcing what the blending mandate will be for 2021, the industry as well as obligated parties have been left in […]
In Texas, D4 biodiesel RIN prices are on the rise due to slower Brazilian ethanol imports that generate D5 RINs, up 8 cents this week to 69.5 cents/RIN as of Wednesday’s closing. D4s can fulfill D5 quotas. This year’s D5 RIN generation is far behind the 255 million required under the 2015 RFS proposal at […]
In Illinois, D4 RINs for biodiesel fell to a record low of 23 cents each on Tuesday because of too much supply. The new RFS blending targets for biodiesel is only 1.28 billion gallons, well below the 1.39 billion gallons produced through October. As such, there’s almost no demand for biodiesel RINs for the rest […]
