RFS Market: RIN prices lift to 8-mth highs as Indonesia halts palm oil exports

Published 17:50 on April 22, 2022  /  Last updated at 17:50 on April 22, 2022  /  Americas, Asia Pacific, Other APAC, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) prices on Friday jumped to highs not seen since last summer as traders reacted to Indonesia President Joko Widodo's announcement of a forthcoming ban on cooking oil exports, driving up prices for other biodiesel inputs.

US biofuel credit (RIN) prices on Friday jumped to highs not seen since last summer as traders reacted to Indonesia President Joko Widodo’s announcement of a forthcoming ban on cooking oil exports, driving up prices for other biodiesel inputs.

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