Prices Report – 21/09/2023
Biofuels spot prices $/t
RED biodiesel fob ARA range
Palm OME 1,128.00 1,138.00 -6.00
Rapeseed OME 1,393.00 1,403.00 +7.00
Soya OME 1,208.00 1,218.00 -6.00
FAME 0°C CFPP 1,168.00 1,178.00 -6.00
FAME -10°C CFPP 1,371.00 1,381.00 +6.00
UCOME 1,438.06 1,448.06 -25.72
Tallow OME 1,388.06 1,398.06 -25.72
POME OME 1,418.06 1,428.06 -25.72
Advanced FAME 0°C CFPP 1,498.06 1,508.06 -25.72
Feedstock prices
Rapeseed oil (RSO) €/t
Contract
RSO fob Dutch mill prompt 925.00 935.00 nc
RSO fob Dutch mill NDJ 898.00 902.00 nc
RSO fob Dutch mill FMA 905.00 910.00 -7.50
RSO fob Dutch mill MJJ 925.00 930.00 nc
Sunflower oil (SFO) $/t
SFO fob northwest Europe 6 ports OND 875.00 895.00 nc
Used cooking oil (UCO) $/t
UCO fob ARA range 1,130.00 1,140.00 nc
UCO cif ARA 970.00 980.00 +15.00
UCO ex-works Netherlands €/t 1,065.00 1,075.00 -10.00
UCO ex-works Netherlands 1,134.91 1,145.57 -11.39
Tallow fca northwest Europe $/t
Tallow categories 1 and 2 €/t 745.00 755.00 nc
Tallow categories 1 and 2 793.90 804.56 -0.52
Tallow category 3 €/t 1,015.00 1,025.00 nc
Tallow category 3 1,081.63 1,092.28 -0.70
Palm oil mill effluent (POME) $/t
POME oil cif ARA 930.00 940.00 nc
RED swaps and forward physical prices $/t
Contract Oct Nov Dec 1Q 24 2Q 24 3Q 24
RME swap
Mid 1,358.00 1,312.00 1,279.00 1,195.00 1,163.00 1,145.00
± -10.00 -9.00 -7.00 -8.00 -5.00 -3.00
Fame 0°C CFPP swap
Mid 1,138.00 1,112.00 1,099.00 1,085.00 1,063.00 1,045.00
± -10.00 -9.00 -7.00 -8.00 -5.00 -3.00
UCOME swap
Mid 1,413.00 1,387.00 1,374.00 1,365.00 1,343.00 1,325.00
± -10.00 -9.00 -7.00 -3.00 nc +2.00
PME forward physical
Mid 1,098.00 1,062.00 1,049.00 1,025.00 1,013.00 995.00
± -10.00 -9.00 -7.00 -8.00 -5.00 -3.00
SME forward physical
Mid 1,188.00 1,172.00 1,159.00 1,145.00 1,123.00 1,095.00
± -10.00 -9.00 -7.00 -8.00 -5.00 -3.00
Fame -10°C CFPP forward physical
Mid 1,336.00 1,292.00 1,261.00 1,184.00 1,153.00 1,135.00
± -10.00 -9.00 -7.00 -8.00 -5.00 -3.00
Ethanol NWE T2 swap €/m³
Mid 783.00 743.00 722.00 701.00 711.00 703.00
± +10.00 +8.00 +9.00 +2.00 nc nc
International feedstock spot prices $/t
Brown grease dap China CNY/t 6,250.00 6,350.00 nc
Brown grease dap China 855.29 868.97 -2.03
UCO dap China CNY/t 7,300.00 7,500.00 nc
UCO dap China 998.97 1,026.34 -2.39
Premium UCO bulk fob China 965.00 975.00 nc
UCO bulk fob China 910.00 920.00 nc
Premium UCO diff to UCO bulk fob China +55.00
UCO fob China 910.00 930.00 nc
UCO fob Indonesia 900.00 920.00 nc
UCO bulk fob Straits of Malacca 905.00 930.00 -5.00
UCO fob Vietnam 910.00 930.00 -5.00
POME oil fob Malaysia/Indonesia 770.00 800.00 nc
Feedstocks
Palm olein Malaysia/Indonesia fob
Prompt 810.00 820.00 -5.00
Nov 812.50 822.50 -7.50
Dec 815.00 825.00 -15.00
Jan 832.50 837.50 -8.75
Arg SBO diff to CBOT 1st mth (21 Sep) ¢/lb -18.80 -16.80
International biofuel spot prices $/t
BGME fob China 1,030.00 1,060.00 nc
UCOME fob China 1,030.00 1,060.00 nc
UCOME fob Straits of Malacca 1,070.00 1,150.00 nc
PME fob Malaysia 850.00 970.00 -5.00
PME fob Indonesia 755.00 930.00 -2.50
Biodiesel
PME ex-works Indonesia 779.00 783.00 -1.00
SME fob Argentina upriver (21 Sep) 1,092.03 1,136.11 -5.33
Houston fob B100 (21 Sep) 1,698.47 1,713.42 -13.84
Houston fob B100 (21 Sep) ¢/USG 568.05 573.05 -4.63
RED hydrotreated vegetable oil (HVO)
HVO fob China (22 Sep) 1,975.00 2,130.00 +102.50
HVO fob Singapore (Class I) netback 2,154.54 2,167.36 -27.87
HVO fob Singapore (Class II) netback 2,423.77 2,436.59 +36.23
HVO fob Singapore (Class III) netback 2,180.18 2,193.00 -27.87
HVO fob Singapore (Class IV) netback 2,327.61 2,340.44 -15.05
Sustainable aviation fuel (SAF)*
SAF fob Singapore netback 3,029.30 3,042.46 -35.18
*Hydrotreated Esters and Fatty Acids (HEFA-SPK)
Biodiesel spot price averages September to date $/t
RED
Palm OME fob ARA range 1,170.75 1,180.75
Rapeseed OME fob ARA range 1,361.25 1,371.25
Soya OME fob ARA range 1,235.75 1,245.75
FAME 0°C CFPP fob ARA range 1,205.75 1,215.75
FAME -10°C CFPP fob ARA range 1,345.63 1,355.63
UCOME fob ARA range 1,507.85 1,517.85
Tallow OME fob ARA range 1,449.10 1,459.10
POME OME fob ARA range 1,486.60 1,496.60
Advanced FAME 0°C CFPP fob ARA range 1,569.10 1,579.10
International
RED UCOME fob China 1,044.67 1,092.00
RED UCOME fob Straits of Malacca 1,119.33 1,160.00
RED PME fob Malaysia 869.00 989.33
RED PME fob Indonesia 772.00 943.33
SME fob Argentina (to 21 Sep) 1,106.11 1,131.92
Feedstocks spot price averages September to date $/t
RED
RSO fob Dutch mill prompt €/t 932.16 942.16
UCO fob ARA range 1,130.00 1,140.00
UCO cif ARA 977.50 987.50
UCO ex-works Netherlands 1,153.49 1,164.20
Tallow (categories 1 and 2) fca northwest Europe 793.30 804.02
Tallow (category 3) fca northwest Europe 1,063.35 1,074.06
POME oil cif ARA 928.13 938.13
International
RED premium bulk UCO fob China 971.67 985.00
RED bulk UCO fob Straits of Malacca 920.00 942.67
RED UCO fob China 935.33 955.33
RED UCO fob Indonesia 916.00 936.00
RED UCO fob Vietnam 930.67 948.00
RED bulk UCO fob China 931.53 943.20
RED POME oil fob Malaysia/Indonesia 770.00 797.33
DISCLAIMER
These quotations and market news or comments are reported to C.B.C Commodities Bio Consulting S.R.L. by sources considered reliable.
We believe them to be representative of market.
However, C.B.C Commodities Bio Consulting S.R.L. cannot accept any responsibility for these figures nor liability for commercial decision based on them.
