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 Q4 2020
Southeast Asia producers expect supply to closely track domestic demand for the rest of the year. Indonesian producers also expected their government to announce the revised export levy structure for palm oil exports in order to provide more clarity and assurance to the market. Funds raised from the export levies are used to support the biodiesel industry and subsidise biodiesel blending.
Export demand is expected to be absent for the rest of the year, partially due to the switch from summer to winter blends, and the wide palm oil-gasoil (POGO) price spread. The palm oil market sentiment was bullish, while market players do not expect any significant recovery in crude and gasoil prices in the near future. Domestic demand should be is expected due to government blending mandates.
The European biodiesel market is set to be dominated by FAME-10 and RME in Q4, largely due to tax rebates introduced to boost consumption of the winter grades in France this year. Widespread rapeseed availability, a key feedstock for both FAME-10 and RME, could continue to keep market balanced in Q4. Oilseed imports from Canada, Ukraine and Australia are likely to provide supply backup in case of any rapeseed shortages.
The winter grades of FAME-10 and RME will command buying interest in the European biodiesel market until the end of the year, largely due to French tax rebates. UCOME demand is also expected to remain firm in the key German market. Biodiesel consumption may take a blow if rising coronavirus infection rates lead authorities to impose forms of area-specific lockdown measures once again.
Production is expected to decrease after the federal mandate on consumption is met. The federal mandate is typically met by the end of October, after which production typically falls. Squeezed margins amid relatively high feedstock costs against the backdrop of low petroleum crude oil prices will also discourage production.
Consumption is expected to decrease after the federal mandate on consumption is met. The mandate is typically met by the end of October. Lower consumption during the winter low season will be somewhat offset by a bump in trucking demand during the December holiday season.
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.
Rapeseed oil, fats and grease, crude palm oil