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Biodiesel Energy Ethanol US

LCFS credits price rise as high offer left in market

California LCFS Credits settled at $65.5 today, $1 higher with buyer indications sticking to $64. Sell side indications stepped back to $67 as some players prefer to hold till after CARB re-adoption, leaving higher priced sellers as the only offers in the market. Biodiesel held steady over the past few trading sessions with SME closing at 2.11 $/USG and D4 at 45 cents, however has market has not recovered from its freefall as blender margin sees low incentives.

sep 17 price graph

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