Archive for April 2026

The gold line (Pd3) is the market price of the current vintage D3 Cellulosic Biofuel Renewable Identification Number (RIN) which went up $0.03/ethanol equivalent gallon (EEG) from $2.39 to $2.42 in the first quarter of 2026. The black line is Hoekstra Trading’s theoretical price (D3T), which fell $0.28/EEG from $3.32 to $3.04 in the first…

The gold line is the market price of the current vintage D4 Renewable Identification Number (RIN) which went up from $1.09 to $1.75 in the first quarter of 2026. The black line is Hoekstra Trading’s theoretical price (D4T), which fell from $1.24 to $0.95 in the first quarter. The dashed lines show our original 2026…