Ethanol Blog
Myke Feinman Refine Fuels Reporter

Friday 08/08/14

Spot Biodiesel Trade Thin during Summer Malaise

U.S. spot biodiesel prices stalled this week, with prices flat Friday morning after gaining 3.0 cents so far this week on higher New York Mercantile Exchange ULSD futures.

"Trade is just dead, quiet," commented Jerrod Kitt, strategist for the Linn Group in Chicago, Illinois. "Seventy-five percent of the people I talk to were on vacation."

Spot biodiesel price was heard at $3.60 per gallon for SME B100 at both Chicago and New York Harbor. Houston SME B100 biodiesel was pegged at $3.55 per gallon.

By contrast, 2014 Renewable Identification Number credits for D4 biomass based diesel has been active, trading several times this morning at 56.5 cents, 0.75 cents over the price at the end of last week.

Myke Feinman can be reached at myke.feinman@telventdtn.com

(ES)

Posted at 4:31PM CDT 08/08/14 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
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      
Subscribe to Ethanol Blog RSS
Recent Blog Posts
  • 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
  • Spring Buying in the Air
  • DDG Prices Rise Slightly in Slow Week of Trade
  • Ethanol Drawing From Strong Gasoline Demand
  • Grains Council Targets Caribbean Markets
  • Spot Ethanol Prices Mixed in Thin Trade
  • April 1st Buying Frenzy on Supply Reductions
  • Bullish EIA Supply Report Spurs Rally for Ethanol Prices