# Renewable identification number prices for ethanol and biomass-based diesel remain high -
		U.S. Energy Information Administration (EIA)

> RIN credit prices for biomass-based diesel (D4) and ethanol (D6) stayed high in 2022, with D4 peaking at $1.91/gal on April 28 and D6 at $1.68/gal on June 7. The EIA attributes the high D4 prices to rising feedstock costs that made biodiesel more expensive than petroleum diesel, which increased blending incentives. The Gulf Coast biodiesel spot price peaked at $8.36/gal the same day.

- Date: 2022-07-13 · published 2022-07-13T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15375-renewable-identification-number-prices-for-ethanol-and-biomass-based-diesel
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher RIN values signal that blending biofuel is costly relative to petroleum, which supports demand for vegetable oils used as feedstock and keeps soybean oil prices firm.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-01-06 | [U.S. biomass-based diesel tax credit renewed through 2022 in government spending bill -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/54949-u-s-biomass-based-diesel-tax-credit-renewed-through-2022-in-government-spending.md) | -2.1% | -13.0% |
| SBO | 2022-06-30 | [EIA: Ethanol and Biomass-based Diesel Prices - Fuels Market News](https://feedsoft.ai/events/15389-eia-ethanol-and-biomass-based-diesel-prices-fuels-market-news.md) | -11.1% | -14.1% |
| SBO | 2021-06-02 | [Agricultural feedstock costs drive RIN prices to all-time highs -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/46439-agricultural-feedstock-costs-drive-rin-prices-to-all-time-highs-u-s-energy.md) | +5.1% | -7.2% |
| SBO | 2016-12-12 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2017 and Biomass-Based Diesel Volume for 2018](https://feedsoft.ai/events/73340-federal-register-renewable-fuel-standard-program-standards-for-2017-and-biomass.md) | -0.0% | -3.6% |
| SBO | 2018-12-11 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2019 and Biomass-Based Diesel Volume for 2020](https://feedsoft.ai/events/61458-federal-register-renewable-fuel-standard-program-standards-for-2019-and-biomass.md) | -1.2% | -0.7% |

## Sources

- eia.gov: https://www.eia.gov/todayinenergy/detail.php?id=53019

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.