Fastmarkets launches used cooking oil, FOB Amsterdam, Rotterdam, Antwerp, Ghent

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 UCO accounting for 24% of biofuel production. 

The methodology of the new price will reflect the following:

AG-UCO-0017 Used cooking oil (UCO), FOB Amsterdam, Rotterdam, Antwerp, Ghent (ARAG), $/tonne
Quality: Free fatty acids (FFA) max. 5%, moisture, impurities and unsaponifiable matter (MIU) max. 2%, iodine value (IV) min. 70 g iodine/hg, sulfur content max. 50 ppm, ISCC certified
Quantity: Minimum 100 tonnes
Location: Netherlands, Belgium, fob
Timing: Loading within 30 days following the assessment day
Unit: USD/tonne
Data window: Daily, up to 4 pm London time

To provide fTo 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.