Under the Hood of the ATTRACTOR RIN Price Model Part 2- Why Renewable Diesel Margins Collapsed in 2023
See the other posts in this series: Under the Hood of the ATTRACTOR RIN Price Model:
- Part 1 How to foresee otherwise surprising price behavior
- Part 2 Why renewable diesel margins collapsed
- Part 3 A thought experiment on profit margins
- Part 4 ATTRACTOR and the Burkholder memo
This short video shows how the ATTRACTOR spreadsheet calculates RIN prices with an example proving the RIN price crash of 2023 was factory-programmed into the design of the RIN price control system.
Recommendation Get Hoekstra Research Report 10
It includes the ATTRACTOR spreadsheet which calculates D4T, the theoretical value of a D4 RIN, using economic fundamentals. Hoekstra Trading clients use the ATTRACTOR spreadsheet to compare theoretical and market Renewable Identification Number (RIN) prices, analyze departures from theoretical value, and identify trading opportunities on the premise RIN market prices will be attracted toward their fundamental economic values.
Get the Attractor spreadsheet, it is included with Hoekstra Research Report 10 and is available to anyone at negligible cost.
