The ICIS global biodiesel report gives you the complete view of the global biodiesel market and ability to track the market movements, regardless of whether you are located in Asia, Europe or the Americas.
The comprehensive report enables you to quickly assess the markets and gain deeper insight on the ever-changing biodiesel markets.
Global biodiesel prices are also available via FTP.
Use ICIS information to:
- Analyse price drivers and fluctuations
- Make informed business decisions
- Confidently negotiate deals when doing business globally
Biodiesel news and market information products from ICIS
We offer the following regional Biodiesel coverage to keep you informed of factors and developments affecting prices in the Global Biodiesel marketplace.
Price Reporting – More information about the price reports we publish on Biodiesel
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Biodiesel
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q1 2018
Supply has remained largely constant, with southeast Asian biodiesel producers still mainly producing for domestic mandate requirements with limited export demand heard. Regulatory changes in the EU and the introduction of antidumping duties (ADDs) in the US added fresh uncertainty in the market in the first quarter. The highlight was the EU's decision to drop ADDs on biodiesel from Indonesia.
Demand has remained stagnant as the European winter months are traditionally a slow demand period for palm-based biodiesel. Uncertainty over the future of palm oil use in EU biofuels policy and increased shipments of soy-based biodiesel from Argentina also dampened demand for palm oil-biodiesel.
Updated to Q1 2018
European biodiesel supply has generally decreased in the first quarter, with production being cut since January due to falling rapeseed methyl ester (RME) demand which pushed biodiesel margins down to negative figures towards the end of the quarter. Several producers are thought to have reduced production in the first three months of the year, with cuts of up to 40-50% of capacity being heard in the market in the first quarter. Fatty acid methyl ester 0 (FAME 0) stocks are thought to be full in anticipation of increased demand in the summer months.
Demand for European biodiesel was strong at the beginning of the quarter, slipping towards the end of March due to the impending switch to summer grade material. Typically in summer months rapeseed methyl ester (RME) buying interest falls due to the competitiveness of other biodiesels which can be readily used from the second quarter through to the summer months.
As a result, the spread between RME and the traditionally cheaper fatty acid methyl ester 0 (FAME 0) has narrowed as FAME 0 demand begins to increase at the same time RME buying interest slumps.
Updated to Q1 2018
Supply of biodiesel in the US is seasonally low in the first quarter. This year low production was not only due to seasonality but also because of cold winter temperatures in the US Midwest. Additionally, biodiesel producers have remained concerned about federal blending volume and tax credit renewal.
Demand across the US for biodiesel blending has been subdued in the first quarter largely because federally mandated blend volumes and tax credits have been called into question.
Updated to Q1 2018
Supply of biodiesel from Argentina, the largest South American producer of biodiesel, rose in the first quarter as trade fights with Europe saw import tariffs lowered. Biodiesel producers have increased production to start moving volume across the ocean to European markets.
As import tariffs for Argentine product to Europe were lowered, cheaper Argentine SME has started moving into European markets, taking market share from domestic producers.
The ICIS global biodiesel report offers weekly spot prices and market developments on all mainstream grades of biodiesel in Asia, Europe, US and Argentina, all in one publication.
The report includes price quotes for rapeseed methyl ester (RME), soy methyl ester (SME), fatty acid methyl ester (FAME) and palm methyl ester (PME).
The spot price assessments are based on FOB (free on board) NWE (northwest Europe), FOB Rotterdam, CIF (cost, insurance & freight) ARA (Amsterdam-Rotterdam-Antwerp), T2, FOB Rosario, FOB Midwest, FD (free delivered) Midwest, FOB USG (US Gulf) and FOB SE Asia (southeast Asia).
In addition, it provides key transaction summaries and production news, including plant operating rates, new plant capacities, start-ups, scheduled and unplanned shutdowns.
Contract prices of feedstocks such as vegetable oil, ICE gasoil and crude glycerine are also included for reference.
All the price assessments are generated based on information collected from producers, distributors, traders and end-users, among other sources, collected by locally based editors throughout the week.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Biodiesel. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enable you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Biodiesel, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.