Amendment to European used cooking oil, category 3 bone fat quality specifications

Based on market feedback received and data collected, Fastmarkets has changed the free fatty acids (FFA) content to a maximum of 5% and iodine value (IV) to a minimum of 70 grams of iodine/mercury (hg), to reflect a specification used more commonly in the market.

The updated quality specification of the prices are as follows:

AG-UCO-0010 Used cooking oil, cif Amsterdam, Rotterdam, Antwerp, $/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
Quantity: Minimum 500 tonnes
Location: Netherlands, Belgium, cif
Timing: Shipment within 45 days following date of sale
Unit: USD/tonne
Publication: Daily, 4 pm London time

AG-UCO-0011 Used cooking oil, ISCC, ddp Northwest Europe, €/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: Northwest Europe, ddp
Timing: Shipment within 45 days following date of sale
Unit: EUR/tonne
Publication: Daily, 4 pm London time

AG-TLW-0027 Category 3 bone fat, low grade, 5% ffa, 98%, ddp Northwest Europe, €/tonne
Quality: Free fatty acids (FFA) max. 5%, moisture, impurities and unsaponifiable matter (MIU) max 2%, purity min 98%
Quantity: Minimum 100 tonnes
Location: Northwest Europe, ddp
Timing: Delivery up to 45 days following date of sale
Unit: EUR/tonne
Publication: Weekly, Thursday, 4 pm London time

These prices are part of the Fastmarkets Biofuels package.

To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and biofuels@fastmarkets.com. Please add the subject heading “re: European used cooking oil, category 3 bone fat.”

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.