Archive for January 2026

D4T is Hoekstra Trading’s calculated theoretical value of the D4 RIN. At the start of 2026, D4T was $1.24 per ethanol equivalent gallon (EEG). D4T is compared with Pd4, our name for the market price of a corresponding D4 RIN, which was $1.10/EEG at the start of 2026.  The outlook bands in Figure 1 show…