Search This Supplers Products:Sodium sulfide,Sodium hydrosulfideSodium formateammonium chloridecalcium chlorideSodium chloridebarium sulfate
publisherELLA
time2016/11/04
The volume-weighted average price in the most recent week was $86.05/mt, down from $88.92/mt the previous week. The lowest transfer was at $58/mt while the highest was $124/mt.
There were 119,758 mt transferred with a total value of $10,305,755.
These transfers are not necessarily representative of the current market, but are the credits transferred in the last week. If two parties traded last week for credits in first-quarter 2017, that transaction will appear when the credits transfer in the first quarter, not in last week's report.
LCFS credits are generated as obligated parties produce fuels below the annual carbon intensity requirement. For example, in 2016, the gasoline standard is 96.5 CI. If a party produces gasoline that is 90 CI, it generates credits that can be sold in the market to parties who generated a deficit, or gasoline above 96.5 CI.
The LCFS aims to reduce the carbon intensity of transportation fuels by 10% of 2010 levels by 2020. The initial years of the program required just a 1% reduction; 2016 requires a 2% cut and the targets will accelerate in the coming years.
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