A McKinsey analysis states that RFS compliance costs have become a major expense for US refiners because of higher mandate volumes and rising RIN prices. The average basic ethanol RIN was about 70 cents per gallon in 2017 and fell to about 36 cents in April.
The article says refiners still see these costs as a major concern.
Lower RIN prices reduce refiner compliance costs and can ease pressure on refiners to cut biofuel demand. The analysis is a market and cost overview, with no direct new supply or demand shock for grains or meal.
在过去 1,419 次政策事件之后,豆油 在 5 个交易日内中位数变动 +0.1%(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 1,905 次政策事件之后,大豆 在 5 个交易日内中位数变动 +0.1%(52% 上涨;中间一半区间为 -1.4% 至 +1.8%),20 个交易日内为 +0.2%。
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。