Ethanol Blog
George Orwel DTN Energy Reporter
Mon Jun 23, 2014 12:14 PM CDT

The value of Renewable Identification Numbers weakened Monday amid profit taking after rallying June 20 following news from the Environmental Protection Agency that 1.22 billion RINs were generated in May, up from 1.20 billion in April. The 2014 D6 RINs traded downwards at 60 cents, 56 cents and 54.5 cents, 5.5 cents lower from end-day Friday.

On Friday, RINs rallied on rumors EPA may raise the Renewable Volume Obligation under the Renewable Fuel Standard for 2014 from their November 2013 proposal. EPA didn't make that announcement, though, with a spokeswoman for the agency saying, "EPA is working on the 2014 ...

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