This launch is intended to add value to the current European biofuel feedstocks assessment complex and contribute to overall market transparency in the industry.
The proposed specifications are as follows:
Soap stock acid oil CIF Amsterdam, Rotterdam, Antwerp, $/tonne
Quality: Free fatty acids (FFA) max. 80%, moisture, impurities and unsaponifiable matter (MIU) max. 5%, iodine value (IV) min. 70 g iodine/hg
Quantity: Min 100 tonnes
Location: Netherlands, Belgium
Timing: Shipment within 45 days following the assessment day
Unit: $ per tonne
Publication: Weekly, every Thursday at 4pm London time
The consultation period for this proposed launch starts on Monday April 7 and will end on Monday May 5. The launch will take place, subject to market feedback, on Thursday May 8.
To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Veronika Prykhodko by email at pricing.ags@fastmarkets.com. Please add the subject heading “FAO: Veronika Prykhodko, re: soap stock acid oil.”
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.
