Become a customer

Final decision on proposal to amend frequency of European ultra low sulfur diesel, biodiesel assessments

Fastmarkets will amend the pricing frequency of its three main European biodiesel assessments, both as outright prices and as premiums to the underlying gasoil contract, as well as its ultra low sulfur diesel assessment from a weekly basis to daily, effective Tuesday September 3.

August 30, 2024
By Misha Simonovska

Fastmarkets invited feedback from the industry via an open consultation process between August 7 and August 30, 2024.

The affected prices and their specifications are listed below, with the proposed amendment of price frequency in italics:

EN-PO-0001: Oil, ultra low sulfur diesel, FOB ARA, $/tonne
Quality: Ultra low sulfur diesel meeting European specification EN590, with sulfur less than 10 parts per million (ppm)
Location: Amsterdam, Rotterdam, Antwerp
Timing: Daily, 4 pm London
Unit: $/tonne

EN-BD-0004: UCOME Outright, FOB ARA, $/tonne
Quality: Used cooking oil methyl ester conforming to European specification EN14214, with CFPP of zero degrees Celsius, maximum water content of 350 ppm, sulfur less than 10 parts per million, compliant with EU Renewable Energy Directive (RED)
Location: Amsterdam, Rotterdam, Antwerp
Timing: Daily, 4 pm London
Unit: $/tonne

EN-BD-0001: UCOME premium, FOB ARA, $/tonne
Quality: Used cooking oil methyl ester conforming to European specification EN14214, with CFPP of zero degrees Celsius, maximum water content of 350 ppm, sulfur less than 10 parts per million, compliant with EU Renewable Energy Directive (RED)
Location: Amsterdam, Rotterdam, Antwerp
Timing: Daily, 4 pm London
Unit: $/tonne

EN-BD-0005: FAME 0 Outright, FOB ARA, $/tonne
Quality: Fatty acid methyl ester conforming to European specification EN14214, with CFPP of zero degrees Celsius, maximum water content of 350 ppm, less than 10 parts per million, compliant with EU Renewable Energy Directive (RED)
Location: Amsterdam, Rotterdam, Antwerp
Timing: Daily, 4 pm London
Unit: $/tonne

EN-BD-0002: FAME 0 premium, FOB ARA, $/tonne
Quality: Fatty acid methyl ester conforming to European specification EN14214, with CFPP of zero degrees Celsius, maximum water content of 350 ppm, less than 10 parts per million, compliant with EU Renewable Energy Directive (RED)
Location: Amsterdam, Rotterdam, Antwerp
Timing: Daily, 4 pm London
Unit: $/tonne

EN-BD-0006: RME Outright, FOB ARA, $/tonne
Quality: Rapeseed methyl ester conforming to European specification EN14214, with minimum CFPP of minus 12 degrees Celsius, maximum water content of 300 ppm, less than 10 parts per million, compliant with EU Renewable Energy Directive (RED)
Location: Amsterdam, Rotterdam, Antwerp
Timing: Daily, 4 pm London
Unit: $/tonne

EN-BD-0003: RME premium, FOB ARA, $/tonne
Quality: Rapeseed methyl ester conforming to European specification EN14214, with minimum CFPP of minus 12 degrees Celsius, maximum water content of 300 ppm, less than 10 parts per million, compliant with EU Renewable Energy Directive (RED)
Location: Amsterdam, Rotterdam, Antwerp
Timing: Daily, 4 pm London
Unit: $/tonne

These prices are part of the Fastmarkets Agriculture Oils, Fats and Biofuels prices and news package.

To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact Misha Simonovska by email at: pricing.ags@fastmarkets.com. Please add the subject heading “FAO: Misha Simonovska, re: European ultra low sulfur diesel and biodiesel.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.