Why are RIN Prices Falling?
Author
Published
2/15/2024
Current RIN Prices
RIN prices have been falling over the past six months (Figure 1). The fall began around the time EPA published their RFS volume targets for 2023-25 on June 21, 2023. According to PFL Petroleum’s Jan 29 report, D4 and D6 RIN prices closed at $0.57/RIN and $0.56/RIN respectively. This is a large drop from the prices over $1.50/RIN seen a year ago, though RIN prices remain higher than they have been in the more distant past. In 2019 for example, D6 RINs were below...
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