RED III & ReFuelEU formally adopted, final texts will be published in the coming weeks
Preparing for RED III, France includes higher biofuel targets in their 2024 budget, Netherlands discusses replacing renewable share in energy target with GHG emissions reduction target
Switch to winter spec fuel sees Ucome prices fall 3.6pc and RME prices rise 5.9pc, daily differential squeezes to $40/t
Europe: Biodiesel and HVO feedstock demand
Click on the region to see more information on: North America Argus RVO breakdown by RIN category, Europe Biodiesel and HVO feedstock demand, Asia-Pacific Ucome prices and South America Brazil ethanol demand.
Argus biofuels outlook - October highlights
The Argus RVO fell to 20-month low at the end of September
D4, D5 and D6 RINs fall below $1, D4 oversupply rises as markets react to Russian diesel export ban
The overall biodiesel blend rate expected to fall to 3.17pc in October, price competitiveness forecast to increase as the soybean oil/heating oil spread narrows
Ethanol generates 75pc of credits in Washington’s first LCFS report
North America: Argus RVO breakdown by RIN category
Brazil’s Fuel of the Future program aims to increase anhydrous ethanol blend rate and introduce new SAF blending mandates
Brazilian ethanol sales reached 2.45bn l in August, up 12pc from July following gasoline price hike
Industry groups push for Brazil’s biodiesel blend to increase to 13pc, which could boost November-December demand 100mn l
Argentinian SME prices expected to fall 14pc to $978/t, as minimum import price is revised
South America: Brazil ethanol demand
Market activity tight during September, Ucome fob China averages $1,066/t after six weeks of little movement
HVO, SAF and biodiesel producers focus on securing exemptions to the European commission's duty circumvention investigation
UCO prices rise 1.6pc on support from higher European prices, differential to ARA remains flat
Asia-Pacific: Ucome prices
NORTH AMERICA
SOUTH AMERICA
EUROPE
ASIA
NORTH AMERICA
NORTH AMERICA
SOUTH AMERICA
RED III & ReFuelEU formally adopted, final texts will be published in the coming weeks
Preparing for RED III, France includes higher biofuel targets in their 2024 budget, Netherlands discusses replacing renewable share in energy target with GHG emissions reduction target
Switch to winter spec fuel sees Ucome prices fall 3.6pc and RME prices rise 5.9pc, daily differential squeezes to $40/t
North America: Argus RVO breakdown by RIN category
Brazil’s Fuel of the Future program aims to increase anhydrous ethanol blend rate and introduce new SAF blending mandates
Brazilian ethanol sales reached 2.45bn l in August, up 12pc from July following gasoline price hike
Industry groups push for Brazil’s biodiesel blend to increase to 13pc, which could boost November-December demand 100mn l
Argentinian SME prices expected to fall 14pc to $978/t, as minimum import price is revised
Europe: Biodiesel and HVO feedstock demand
Market activity tight during September, Ucome fob China averages $1,066/t after six weeks of little movement
HVO, SAF and biodiesel producers focus on securing exemptions to the European commission's duty circumvention investigation
UCO prices rise 1.6pc on support from higher European prices, differential to ARA remains flat
South America: Brazil
ethanol demand