# D4 RINs rally to three-year high on back of stronger CBOT soybean oil futures  : The Daily Digest

> Platts reported that D4 RINs rallied to a three-year high of just over $1 each in late trading last week, tracking stronger CBOT soybean oil futures. The EPA has not yet announced the 2021 biomass-based diesel blending mandate.

- Date: 2020-12-08 · published 2020-12-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49514-d4-rins-rally-to-three-year-high-on-back-of-stronger-cbot-soybean-oil-futures
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Soybean oil is a key feedstock for biodiesel and renewable diesel, so firmer RIN values and soyoil futures support soybean oil demand. The unresolved 2021 mandate keeps the outlook uncertain.

## Read by commodity

- SBO: bullish ▲

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/d4-rins-rally-to-three-year-high-on-back-of-stronger-cbot-soybean-oil-futures/

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