FUE - RIN prices routed as Supreme Court to consider EPA refinery waivers

January, 11 2021 05:48 PM AB Svensk Ekportkredit ELEMENTS Linked to the MLCX Biofuels Index - Total Return Structured Product

Prices for Renewable Identification Numbers tumbled today after the U.S. Supreme Court said it would take up an appeal of a lower court ruling last year that would limit the number of small refinery exemptions the Environmental Protection Agency could grant.D6 RINs for 2020 compliance tumbled 10.75 cents from Jan. 8, assessed at 76.75 cents/RIN, according to S&P Global Platts, as few people had expected the Supreme Court to take up the case, so the news caught many in the market by surprise.The 10th Circuit Court of Appeals ruling had said the EPA would be able to grant small refinery exemptions only to refineries that had received a previous exemption, a decision appealed by big refiners and biofuels industry groups opposing the appeal.Relevant tickers include [[VLO]], [[MPC]], [[PSX]], [[PBF]], [[HFC]], [[CVI]], [[PARR]], [[ADM]], [[GPRE]], [[GPP]], [[PEIX]], [[REGI]], [[REX]], [[ANDE]]ETFs: [[CORN]], [[FUE]], [[CRAK]], [[PXE]]HollyFrontier "defied the pressure of 2020 and managed to sustain

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RIN prices routed as Supreme Court to consider EPA refinery waivers

Company Name:	AB Svensk Ekportkredit ELEMENTS Linked to the MLCX Biofuels Index - Total Return Structured Product
Stock Symbol:	FUE
Market:	NYSE

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