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Understanding how to use Exchange for Physical (EFP) using the ICE UCO futures contract
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.
December 11, 2024
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By David Becker
Insights
Fastmarkets and ICE launch used cooking oil futures contract to meet rising biofuel demand
Read more on how the launch provides market participants with a new risk management solution in the renewable energy sector
December 9, 2024
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By Yolande Peters
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
US renewable fuels group seeks update on EPA investigation into feedstock imports
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.
September 19, 2024
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By Amanda Luhavalja
Insights
Chinese UCO exports drop to 176,816 tonnes in July, biodiesel doubles month on month
The drop was influenced by high freight rates and an ongoing European Commission fraud investigation.
August 27, 2024
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By Veronika Prykhodko
Insights
US largely absent from UK’s first 2024 biofuel data; Asia volumes decline
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.
August 20, 2024
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By Misha Simonovska, Timothy Worledge, the Fastmarkets team
Insights
BP heralds scaling back of biofuel projects as Q2 profits hit $2.76 billion
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
August 2, 2024
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By Timothy Worledge
Insights
Decision to discontinue Chinese used cooking oil prices delivered Europe
Fastmarkets has discontinued its two Chinese used cooking oil prices delivered Europe.
July 29, 2024
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By Veronika Prykhodko
Insights
Beleaguered Chinese UCO exports could fade as China SAF mandate hopes rise
News that Chinese investors are pumping billions of dollars of investment into the production of sustainable aviation fuel (SAF) could re-write the dynamics around exports of used cooking oil (UCO), trade sources told Fastmarkets on Friday May 17
June 19, 2024
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By Jane Li, Timothy Worledge, Sathia Varqa
Insights
Rabobank highlights ‘global’ SAF upside for Australia’s agriculture sector
Learn more about how SAF can generate more demand for agricultural products and economic benefits for farmers in the short-term
May 29, 2024
·
By Timothy Worledge
Insights
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