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.
Updated to Q3 2021
Southeast Asian biodiesel production tends to track domestic and overseas demand. Domestic demand should remain unchanged, with present levels of demand supported by the mandates and no expected expansion of the mandates for the near term. Overseas demand should soften in Q3, hence southeast Asian production would fall to reflect that. Indonesian production could also be affected by the recent lockdown.
European demand in southeast Asian PME market showed signs of slowing down due to the approaching winter, when some countries are expected to switch over to the winter blends starting in October. Demand should continue to dwindle throughout Q3. Similarly, Chinese demand should slow down due to winter but would be later than Europe due to the shorter freight distance. Southeast Asian demand should remain unchanged due to the mandates.
Biodiesel supply level is anticipated to remain stable and low through Q3. Scheduled maintenances are expected to be carried out through July and August, although it is unclear whether demand will rise enough in Q3 to be impacted. PME and UCOME imports from Asia may remain low until shipping costs fall. Production priority is likely to be given to FAME 0 and UCOME for their summer blend properties.
Biodiesel buying interest is expected to strengthen due to the EU biofuels mandates and a lockdown-free summer driving season. The summer grades of FAME 0 and UCOME are expected to dominate spot buying interest. Demand may face shortages if feedstock shortages-induced tightness persists. Countries adhering to double-counting measures based on the EU RED II mandates such as Germany are expected to opt for waste-based higher GHG saving volumes of UCOME and HVO.
We offer the following regional Biodiesel analysis and news coverage to keep you informed of factors and developments affecting prices in the Biodiesel marketplace.
News & analysis
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.
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Biodiesel is the name of a clean burning alternative fuel, produced from renewable resources. The most commonly used feedstocks are rapeseed, soy and palm oil.
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.
Rapeseed oil, fats and grease, crude palm oil