Senate Passes the BBB — But RINs Signal Caution Amid Margin Squeeze
The Senate’s passage of the “Big Beautiful Bill” (BBB) has triggered a firm recovery in feedstock markets, with soyoil futures jumping 1.73% in Chicago and premiums in Europe widening. The bill introduces long-awaited clarity around 45Z eligibility, locks in a $0.20/gal small producer credit (40A), removes ILUC penalties under the new GREET model, and requires the exclusive use of U.S. feedstocks. Yet, while the legislative breakthrough is significant, the D4 RIN market has not responded as forcefully—settling at just 1.21—suggesting structural concerns remain.
Want to read more?
Subscribe to globalbiodiesel.com to keep reading this exclusive post.
