# NATSO Analysis: RIN Market Volatility Driven By Policy Announcements, Rumors & News Reports; Reforms Unnecessary - NATSO

> NATSO argues that RIN price volatility has been driven by EPA policy announcements, rumors and news reports rather than flaws in RIN markets. It opposes EPA's expected proposed reforms to RIN markets, which it says aim to reduce biofuel demand.

- Date: 2019-02-21 · published 2019-02-21T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/60465-natso-analysis-rin-market-volatility-driven-by-policy-announcements-rumors-and
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Proposed RIN reforms that could depress biofuel demand would weigh on soybean oil and corn demand for ethanol and biodiesel feedstock, so the price implication is bearish if reforms proceed.

## Read by commodity

- SBO: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-12-20 | [EPA's 'Set Rule' Drives Volatility in Renewable Diesel Margins \| Aegis Market Insights](https://feedsoft.ai/events/15352-epa-s-set-rule-drives-volatility-in-renewable-diesel-margins-aegis-market.md) | +2.1% | -2.6% |
| SBO | 2017-07-05 | [EPA Proposes RFS Volumes Reflective of Market Realities for 2018 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/69848-epa-proposes-rfs-volumes-reflective-of-market-realities-for-2018-u-s-epa-news.md) | +1.8% | +2.2% |
| SBO | 2024-03-25 | [Argentina FX change, return of tax to spur exports \| Latest Market News](https://feedsoft.ai/events/13931-argentina-fx-change-return-of-tax-to-spur-exports-latest-market-news.md) | +0.6% | -4.4% |
| SBO | 2025-08-01 | [Argentina Announced a Permanent Reduction in Export Taxes; and more news about Latin American agriculture](https://feedsoft.ai/events/13840-argentina-announced-a-permanent-reduction-in-export-taxes-and-more-news-about.md) | -1.5% | -1.3% |
| SBO | 2026-01-30 | [Biofuels policy uncertainty continues to pressure soybean demand and prices - Brownfield Ag News](https://feedsoft.ai/events/15056-biofuels-policy-uncertainty-continues-to-pressure-soybean-demand-and-prices.md) | +0.8% | +9.0% |
| CORN | 2018-07-24 | [USDA announces $12 billion in programs for farmers affected by trade war - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/64020-usda-announces-12-billion-in-programs-for-farmers-affected-by-trade-war-agweek.md) | +1.7% | +1.4% |
| CORN | 2018-09-03 | [FSA Administrator Highlights Market Facilitation Program; Chinese Ag Imports Projected to Decrease - Farm Policy News](https://feedsoft.ai/events/62895-fsa-administrator-highlights-market-facilitation-program-chinese-ag-imports.md) | +0.9% | +1.1% |
| CORN | 2019-05-01 | [Lankford Joins Senators to Urge RFS Policy to Reflect Market Realities - Senator James Lankford](https://feedsoft.ai/events/58973-lankford-joins-senators-to-urge-rfs-policy-to-reflect-market-realities-senator.md) | +1.1% | +11.2% |

## Sources

- natso.com: https://www.natso.com/natso-analysis-rin-market-volatility-driven-by-policy-announcements-rumors-reforms-unnecessary/

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