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 Q2 2019
European biodiesel players are apprehensive of what the recent pricing agreement between the EU and some Argentinian producers will mean for RME supply during the summer. Some market participants are bracing for possible production cuts amid an expected rise in imports. FAME 0 availability could tighten if the typical surge in demand takes place in the coming months.
The second quarter is typically a strong demand period for FAME 0. At the same time RME buying interest traditionally falls, though increased imports of palm methyl ester (PME) could boost RME demand for blending. The spread between RME and FAME 0 is expected to narrow in the coming months as a result of the seasonal demand switch.
Supply in the Americas biodiesel markets will remain constant as the US EPA set mandated blending volumes at the same level as previous years. The regulation, known as the Renewable Fuel Standard (RFS), will require fuel manufacturers to mix 2.1bn gal (7.9bn litres) of biodiesel in 2019 into the diesel fuel pool.
Demand in the Americas biodiesel sector will remain constant looking forward as the US PA set mandated blending volumes at the same level as previous years and refiners are expected to only blend the volumes required by law.The regulation, known as the Renewable Fuel Standard (RFS), will require fuel manufacturers to mix 2.1bn gal (7.9bn litres) of biodiesel in 2019 into the diesel fuel pool.
Q2 supply is expected to still increase as Indonesian and Malaysian producers continue to try to meet increased buying interest from Asian importers and as both countries implement higher domestic blending mandates, which are expected to support production. Supply is also expected to rise as the palm oil harvest is likely to be similar to last year’s.
Demand could improve due to the need from higher blending mandates and as the end of the winter season sees increased need for PME biodiesel for blending during the warmer months. But buying interest, particularly from Europe, may be limited, as market sources said plenty of material has already been booked and storage tanks are near full.
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.
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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.