Ethanol Blog

Tuesday 01/29/13

RIN Prices Sharply Higher on Concerns About Blend Wall

Spot ethanol trading this morning was marked by a strong market for tradable ethanol compliance credits, with D6 RINS produced in 2012 reportedly trading at 30.0cts, up 10.5cts on the session and more than double Friday's (1/25) assessment; 2013 RINs was bid earlier at 26cts, up 5.0cts. The recent run-up reflects worries there won't be enough ethanol supply to meet individual company requirements under the Renewable Fuels Standard due to the approaching blend wall, trade sources said.

RINs are used to show compliance with this mandate, with RINs created with the renewable fuel. An obligated party can carry over 20% of a previous year's RINs once meeting their annual target.

George Orwel can be reached at george.orwel@telventdtn.com.

Posted at 1:36PM CST 01/29/13
Post a Blog Comment:
Your Comment:
DTN reserves the right to delete comments posted to any of our blogs and forums, for reasons including profanity, libel, irrelevant personal attacks and advertisements.
Blog Home Pages
July  2015
S M T W T F S
         1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31   
Subscribe to Ethanol Blog RSS
Recent Blog Posts
  • Grains Council Team Educates Southern Mexico Cattle Industry
  • Spot Ethanol Values Boosted by Corn Futures Rally
  • Energy Pressure Follows Weaker Stock Market
  • Argo, NYH Spot Ethanol Edge Lower With Corn, RBOB Futures
  • DDG Price Decline Slows Amid Sluggish Trade
  • Argo, NYH Spot Ethanol Trade Higher on Corn Futures Rally
  • Spot Ethanol Price Gains Backed by Corn Futures Rally
  • Grains Council Educates Japanese Swine Producers on DDGS
  • Uncertainty Seen in Ethanol Market Direction
  • Spot Ethanol Prices Higher on Falling Ethanol Stocks
  • Corn Rally Draws Ethanol Support
  • Spot Ethanol Prices Track Corn Futures Higher
  • Chinese Trade Disruptions Result in DDG Price Plunge
  • Ethanol Futures Close Week Higher
  • Conference: Aquaculture Must Diversify Feed Ingredients
  • Spot Ethanol Prices Soften on Rising Supply
  • Spot Ethanol Prices Mixed on Weekly EIA Supply Data
  • New York Spot Ethanol Biggest Gainer as Market Rebounds
  • China Rumors Worry DDG Market
  • Ethanol Futures Follow Outside Markets Lower