As per data released by the California Air Resources Board (CARB) on June 18th, the Low Carbon Fuel Standard (LCFS) market continued its upward price trend this past week, increasing to a weighted average weekly price of $189.12. This is up $0.28 from last week’s average price of $188.84 and the third straight week we have seen an uptick in LCFS pricing. The market saw a decrease in volume this past week with 86,403 credits transferred, down from last week’s volume of 325,708 and the last twelve month (LTM) weekly average of 241,706.
Please click on the pricing chart below for a visualization of LTM trends.
