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Market Report
August 19, 2020
Questions or comments regarding this report please text Ian: (619) 630-6382
BIODIESEL
Biodiesel (B100) Dlvd/Gal, SME,
CORN, FAME, Cloud<5C
The $1 credit is part of all prices below
New York Harbor: $3.05 to $3.12
Midwest: $2.97 to $3.07
Gulf States: $2.85 to $2.94
California: $3.31 to $3.38
Priced To Heating Oil w/Credit
NY Harbor: B100 (w/RINs), HO+83
NY Harbor: B99 (No RINs), HO-07
Gulf states: B100 (w/RINs), HO+65
Gulf states: B99 (No RINs), HO-25
California: B100 (w/RINs & LCFS), HO+2.12 (@ 28 CI Score = $1.54/g)
Flat price, $3.36
California: B99 (No RINs, No LCFS), HO-144
Glycerin
(per gal of finished biodiesel, fob plant)
<85% pure: $0.07/lb to $0.08/lb
>95% pure: $0.12/lb to $0.14/lb
USP Tallow 99.7% pure: $0.26/lb to $0.28/lb
ETHANOL & DDGS
Ethanol Dlvd/Gal
New York Harbor: $142
Chicago: $130
Gulf States: $1.37
California: $1.49
DDGS, Dlvd/Ton
Chicago: $140
West Coast: $183
Gulf States: $178
Texas Border: $203 /metric ton
FEEDSTOCKS
Corn Oil Dlvd/Pound, <15% FFA
Midwest/East: $0.23 to $0.25
Gulf states: $0.24 to $0.26
California: $0.28
California (from Midwest): $
YG, UCO, Poultry Dlvd/Pound, <15% FFA
Midwest/East: $0.19 to $0.21
Gulf states: $0.23 to $0.25
California: $0.27 to $0.29
Brown Grease Dlvd/Pound, >21% to 100% FFA
Midwest/East: $0.09 to $0.11
Gulf states: $0.12 to $0.13
California: $0.11 to $0.13
Soy Oil Dlvd/Pound, <2% FFA
Midwest/East: $0.30 to $0.32
CRUDE, ULSD, HO, RINs & LCFS
Crude Oil: $43.11/bbl
ULSD: $1.25/gal
Heating Oil: $1.24/gal
RINS
RINs, D4 2019: $0.60/gal (x 1.5) = $0.90/gal
RINs, D4 2020: $0.60/gal (x 1.5) = $0.90/gal
RINs, D6 2019: $0.37/gal (x 1.0) = $0.37/gal
RINs, D6 2020: $0.40/gal (x 1.0) = $0.40/gal
RINs, D3 2019: $1.44/gal (x 1.0) = $1.44/gal
RINs, D3 2020: $1.44/gal (x 1.0) = $1.44/gal
LCFS - Calif.
$192/metric ton
LCFS/Gal Value, Based on CI Score
Soybean: CI = 83; value = $0.21/gal
Soybean: CI = 53; value = $0.94/gal
Corn: CI = 28; value = $1.54/gal
YG: CI = 18; value = $1.79/gal
UCO: CI = 12; value = $1.93/gal
LCFS - Oregon
$125/metric ton
Note: The carbon intensity (CI) values are approximate for the feedstocks listed above. The exact CI values will
vary by producer which are based on their particular fuel pathway CI score and must be certified by California
Air Resources Board under the state's Low Carbon Fuel Standard program before LCFS credits can be claimed.
BIODIESEL PRODUCTION CHEMICALS
Plus shipping (unless otherwise noted)
Methanol Gulf: <$0.83/gal (August 2020, non-discounted)
Methanol Midwest, dlvd: <$0.90/gal
Methanol Calif., dlvd: <$o.93/gal
Methanol East, dlvd: <$0.88/gal
Sodium Hydroxide: $0.32/pound
Sodium Methylate: $0.67/pound
Filtration DE: $0.48/pound
Sulfuric Acid: $0.42/pound
Oxidation Stabilizer: $248/gal
Citric Acid: $0.36/pound
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