The week ended April 5 saw RD margins surge as robust diesel gains were met by stable feedstock pricing. The BOHO spread retreated 9% week-over-week to $0.89/gallon after reaching the widest level in three months the week prior. D4 prices sunk 5% as the credits held on to some strength relative to losses in the BOHO spread. The RIN market has recovered 30% from the low seen on February 22, 2024. LCFS markets retreated marginally in thin trade ahead of a public workshop scheduled for April 10.
IN THIS REPORT AEGIS EXAMINES: