This consultation, which is open until May 30, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]

Fastmarkets proposes to launch a price assessment for soap stock acid oil CIF Amsterdam, Rotterdam, Antwerp, $/tonne.

Global used cooking oil (UCO) prices were highly volatile throughout 2024 amid market uncertainty, trade flow and policy changes, with market sources expecting the prices to increase further in 2025, pushed up by higher demand and increased biofuel production obligations.

The Exchange for Physical (EFP) process in the futures market allows companies to manage commodity price risk by exchanging futures contracts for physical commodities, providing flexibility, price certainty, and operational efficiency.

Read more on how the launch provides market participants with a new risk management solution in the renewable energy sector

Explore how used cooking oil is gaining traction in the renewable fuels industry and the credit mechanisms available to producers

The US Renewable Fuels Association has urged the EPA to update its investigation into foreign feedstock imports and implement stricter verification requirements for used cooking oil and tallow.

The drop was influenced by high freight rates and an ongoing European Commission fraud investigation.

The UK government’s first release of provisional biofuel data for the calendar year to the end of July 2024, published on Wednesday August 14, reveals a notable decline in renewable fuel activity compared with the same period last year.

The international oil major BP has unveiled a $2.76 billion profit across its energy portfolio in the second quarter of 2024, a 6.4% increase on the corresponding period of 2023 and 1.2% higher than its first-quarter profits