RINs at 2.30 and the Political Fracture Inside Biofuels
D4 RINs exploded again higher on Thursday with June 2026 D4 futures trading at 2.30, December 2026 at 2.322 and December 2027 at 2.348, extending what has become an almost daily repricing of the US biomass-based diesel mandate. The move comes as traders increasingly realize that the finalized EPA RVOs are structurally tightening the available pool of qualifying feedstocks while renewable diesel and SAF capacity continue to expand across North America.
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