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US RFS proposal jolts RINs market as physical biofuels markets more muted

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Listen: US RFS proposal jolts RINs market as physical biofuels markets more muted

RINs markets had the largest day-on-day change in several years after the US Environmental Protection Agency announced proposed RFS mandates on Wednesday. Jordan Godwin, US biofuels analyst, and Josh Pedrick, US ethanol editor, recap the proposed volumes, the wild trade volatility in the RINs market, how industry participants are feeling about the news, and which factors will impact markets in the next year or so.

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