NEWS
Ethanol Blog
Myke Feinman Refine Fuels Reporter
Fri Nov 1, 2013 11:08 AM CDT

Biomass-based diesel D4 Renewable Identification Number prices sunk to their lowest level this year, as uncertainty mounts for the 2014 Renewable Fuel Standard blending mandates. 2013 D4 RINs peaked in value this year at $1.45 July 17 before spiraling down to an all-time low of 31.50cts Tuesday (10/29), shortly after the EPA issued U.S. September production volumes. D4 2013 RINs were talked early Friday in a 33cts to 36cts bid/ask spread.

"Trading has been choppy due to uncertainty of the EPA announcement," one trade source said this morning.

The 2014 biomass-based diesel Renewable Volume Obligation has yet to be finalized ...

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