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Ethanol Blog
Myke Feinman Refine Fuels Reporter
Fri Jan 23, 2015 10:45 AM CST

Continued uncertainty in what the annual Renewable Volume Obligation will be has obligated parties buying Renewable Identification Numbers. They fear it would be increased and they would be caught short on the number of the compliance credits needed, industry sources said, adding RINs are less expensive than the actual biofuel.

"The prevailing take-away at the National Biodiesel Board conference (held this week) was RINs seem to be very cheap," a trader said this morning, with RINs used to show compliance under the Renewable Fuel Standard.

As of Jan. 22, D6 2014 and 2015 RINs, primarily satisfied with corn-based ethanol, traded ...

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