
OPIS reports that RIN credit prices and the cost of RFS compliance hit record highs in early 2021. The compliance cost was 13.55 cents per gallon on January 29, the highest in OPIS's RIN assessment history.
Drivers included EPA's delayed 2021 renewable fuel blending targets and the bankruptcy of a large RIN trading house.
Higher RIN costs raise the price of biomass-based diesel and make soybean oil more attractive as a feedstock, which supports soy oil prices. Uncertainty over EPA's final targets could keep prices volatile.
在过去 842 次看涨的政策事件之后,豆油 在 5 个交易日内中位数变动 +0.2%(52% 上涨;中间一半区间为 -1.6% 至 +2.1%),20 个交易日内为 -0.5%。
在过去 187 次中性的政策事件之后,原油(WTI) 在 5 个交易日内中位数变动 -0.1%(49% 上涨;中间一半区间为 -4.0% 至 +3.5%),20 个交易日内为 +0.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。