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The EPA reportedly granted a Renewable Fuel Standard hardship waiver to CVR Energy's Wynnewood, Oklahoma refinery, exempting it from RIN compliance and RIN purchases. The agency has granted many such waivers, though the exact number is not public.
The biofuels industry is objecting to the waivers and to the Trump administration's looser definition of small refiners and hardship.
Waivers cut the biofuel blending and RIN demand that supports soybean oil and ethanol, which is bearish for those markets. Continued waivers would weigh on biofuel-linked demand for corn and soy oil.
biofuelsdigest.comJim Lane21 Mei 2018Setelah 351 peristiwa kebijakan bearish sebelumnya, Minyak Kedelai bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,7% sampai +1,8%), dan -0,2% selama 20 sesi.
Setelah 310 peristiwa kebijakan bearish sebelumnya, Jagung bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,6% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
