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The EIA reports that biomass-based diesel RIN prices peaked at $1.91 per gallon on April 28, 2022, and ethanol RINs peaked at $1.68 on June 7. RIN prices have risen back near record levels set in 2021.
The increase reflects both biofuel costs above petroleum fuel and RFS targets outpacing market-driven consumption.
Higher RIN prices raise the cost of compliance and signal strong demand for biofuels, supporting soybean oil and corn-based ethanol values. Continued RFS pressure keeps blending economics tight.
fuelsmarketnews.comKeith ReidJun 30, 2022After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
