Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

US RIN prices jump in early trading; 2017 D6s top $1/RIN

Commodities | Agriculture | Biofuels | Oil | Refined Products | Gasoline

APPEC: US ethanol eyes new markets amid increased US-China tensions

Agriculture | Biofuels

Platts Biofuels Alert

Commodities | Agriculture | Biofuels | Sugar

Miami Sugar Conference, 6th Annual

Agriculture | Biofuels

RIN prices jump after Trump administration tentatively agrees to quota reallocations

US RIN prices jump in early trading; 2017 D6s top $1/RIN

Houston — US Renewable Identification Numbers jumped in early trading Wednesday, with D6 ethanol RINs for 2017 compliance trading at $1/RIN for the first time in nearly 11 months.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

RIN prices rose across the board Wednesday morning. D4 biodiesel RINs for 2017 compliance traded as high as $1.09/RIN in early trading, before falling slightly. S&P Global Platts assessed D4 2017 RINs at $1.0425/RIN on Tuesday.

Ethanol RINs for 2017 were assessed at 94.5 cents/RIN Tuesday, but began trading at 98 cents and rose steadily. The last time 2017 ethanol RINs traded at $1 or higher was December 7, 2016.

A source attributed the increase in prices to several factors, including new tariffs on imported biodiesel, the recent announcement that the US Environmental Protection Agency will not alter the Renewable Fuel Standard and a lack of sellers in the market.

Volatility has been the only constant for the RIN market for the last year, as uncertainty about how the Trump administration would handle the US' renewable fuel policy led to wild swings in prices.

Trump's selection of fossil fuel supporter Scott Pruitt to lead the EPA and the announcement of RFS critic Carl Icahn in late 2016 as an adviser on regulatory reform sent RIN prices plummeting. On the other hand, when it emerged the agency would not change the RFS, prices began to rise.

D6 RINs for 2017 reached their nadir on March 2, when Platts assessed them at 33.75 cents/RIN. The same RINs were assessed at $1.0650/RIN on December 6, 2016, the highest level in the last 12 months.

D4 RINs for 2017 were assessed at 83.5 cents/RIN on March 2, the lowest level in 12 months, and reached their highest level on December 1, 2016, when Platts assessed them at $1.25/RIN.

--Wes Swift,
--Edited by Keiron Greenhalgh,