Ethanol Blog
Myke Feinman Refine Fuels Reporter

Friday 08/30/13

RINless Biodiesel Sales Increasing to Avoid RIN Market

Trade sources are eyeing a recent uptick in spot biodiesel RINless physical trades linked to market participants avoiding the choppy Renewable Identification Number market, sources say.

"People don't like the volatility with the RINs so if they can avoid it, they will," one source commented.

Biomass-based diesel D4 Renewable Identification Numbers have sold as high as $1.45 July 18 this year, while hovering in the 75cts to 80cts range Friday in ending a light trade week ahead of the Labor Day weekend. RIN credits, used to show compliance with annual blending mandates, may be separated from the physical biofuel and sold independently.

"With RINless trading over a 50cts discount to heating oil for a while now I have been continually puzzled why people haven't been fighting each other to get their hands on product," commented Michael Walker, quantitative analyst for Augsburg Energy, Ramsey, N.J.

Myke Feinman can be reached at

Posted at 9:51AM CDT 08/30/13 by Myke Feinman
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
April  2015
         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      
Subscribe to Ethanol Blog RSS
Recent Blog Posts
  • Spot Ethanol Prices Track Corn Futures Lower
  • Spot Ethanol Prices Retreat on Profit-Taking
  • DDG Prices Drop as Barge Freight Falls
  • West Coast Spot Ethanol Prices Spike on Short Squeeze
  • Spot Ethanol Prices Pressured by Bearish EIA Data
  • DDGS Play Vital Role in Nebraska Ethanol Impact
  • Spot Ethanol Prices Flat to Up as Supply Data Eyed
  • Argo, PNW Spot Ethanol Prices Nudge Higher in Thin Trade
  • An Economic Case for Ethanol
  • Spot Ethanol Gains at Argo, Steady in New York Harbor
  • Grains Council Works to Open Cuban Markets
  • Ethanol Production Sliding Lower
  • Spot Ethanol Advances After Bullish Weekly Supply Report
  • D6 RINs Extend Higher; Spot Ethanol Prices Flat
  • D6 RINs Edge Higher While Spot Ethanol Prices Ease
  • Corn Prices Remain Range Bound
  • DDGS Rise to Highest Level in Five Months
  • Spot Ethanol Prices Weaken Amid Sluggish Demand
  • Gasoline Stocks Change Direction
  • Spot Ethanol Prices Mostly Flat in Lackluster Trade