Fastmarkets launches crude palm oil mill effluent, CIF Amsterdam, Rotterdam, Antwerp, $/tonne on Thursday April 30

Demand for waste-based feedstocks for both Renewable Energy Directive (RED) Annex IX A and Annex IX B has been steadily rising and overtaking crop-based feedstocks in European biofuel production over the past several years, reaching a total of 9 million metric tonnes in 2024, the latest European Biodiesel Board data shows, with POME accounting for 13% of biofuel production.  

A CIF ARA assessment complements Fastmarkets’ existing FOB Malaysia and Indonesia POME prices and strengthens coverage across biofuel feedstocks as the EU focus on advanced waste-based inputs continues to rise.

The methodology of the new price will reflect the following:

AG-PLM-0037 Crude palm oil mill effluent, CIF Amsterdam, Rotterdam, Antwerp, $/tonne
Quality: Free fatty acids (FFA) min. 30%, moisture, impurities and unsaponifiable matter (MIU) max. 3%, total fatty matter min. 95%, ISCC certified
Quantity: Minimum 100 tonnes
Location: Netherlands, Belgium, cif
Timing: Shipment within 45 days following the assessment day
Unit: USD/tonne
Data window: Weekly, Thursday, up to 4 pm London time

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 pricing@fastmarkets.com and biofuels@fastmarkets.com.

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 the Fastmarkets methodology page.