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2024 Biodiesel imports and exports fall to lowest level since 2020
US Census Bureau data released on Wednesday, February 5 shows calendar year 2024 imports were 18% below import totals in the same period of 2023, while calendar year 2024 exports were 31% below comparative 2023 exports. Biodiesel imports experienced quarter-on-quarter declines in each quarter during 2024. Imports were expected to fall as the market began […]
February 7, 2025
·
By Robert Lane
Insights
UK fuel prices to start 2025 lower year on year, but volatility to remain: 2025 preview
Gasoline and diesel prices in the UK are set to begin 2025 significantly lower than a year earlier, but uncertainty and potential volatility lie ahead due to a combination of an upcoming administration change in the US and other global events and policies, experts told Fastmarkets.
January 10, 2025
·
By Alexandra Chapman
Insights
Delayed publication of renewable diesel, del Los Angeles price assessments for October 2021-September 2023
Fastmarkets has published a series of renewable diesel price assessments that had previously failed to appear in our pricing database because of a technical issue.
January 7, 2025
·
By pricing@fastmarkets.com
Insights
EU-Mercosur free-trade deal agreed but effects on agricultural goods uncertain
The recently concluded EU-Mercosur free-trade agreement, after 25 years of negotiation, is expected to have limited immediate impact on South American agricultural exports to Europe.
December 11, 2024
·
By Eduardo Tinti, Leticia Pakulski, Marcela Caetano, Taís Laporta
Insights
UK government seeks feedback on future of RTFO
The UK government’s latest report on the Renewable Transport Fuel Obligation (RTFO) invites stakeholder feedback to reassess its targets and mechanisms.
November 26, 2024
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By Misha Simonovska
Insights
The growing role of used cooking oil in renewable diesel production
Explore how used cooking oil is gaining traction in the renewable fuels industry and the credit mechanisms available to producers
November 12, 2024
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By David Becker
Insights
Correction to US biodiesel prices on November 1
Fastmarkets has corrected some US biodiesel prices that were published incorrectly on Friday November 1.
November 8, 2024
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By Bob Lane
Insights
Used cooking oil (UCO) futures contract: frequently asked questions
Fastmarkets and the Intercontinental Exchange (ICE) introduced the used cooking oil (UCO) Gulf (Fastmarkets) futures contract on November 01, 2024. This contract is linked to Fastmarkets' used cooking oil price assessment and addresses growing demand and complexity in the biofuel feedstock market. It offers market participants a valuable tool for risk management
November 7, 2024
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By the Fastmarkets team
Insights
Corrections to ags, oils, fats and biofuels August monthly averages
Fastmarkets has corrected the monthly averages for the following prices, which were published incorrectly in August 2024.
November 4, 2024
·
Insights
Neste pulls back on green hydrogen project at Porvoo refinery
Neste has canceled its 120 MW electrolyzer project at the Porvoo refinery due to economic and regulatory challenges, reflecting a broader trend of energy companies scaling back renewable fuel investments.
October 29, 2024
·
By Misha Simonovska
Insights
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