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Fastmarkets launches European sustainable aviation fuel price assessments

Fastmarkets launches four sustainable aviation fuel (SAF) cost-based price assessments on Friday June 27.

June 27, 2025
By Misha Simonovska
Agriculture Pricing notice Sustainable fuels

The assessments will reflect the cost of production of a tonne of sustainable aviation fuel in the Netherlands, utilizing hydrotreated esters and fatty acids (HEFA) technology with used cooking oil as its feedstock.

SAF price inputs include Fastmarkets’ AG-UCO-0011 Used cooking oil, ISCC, ddp Northwest Europe, €/tonne, hydrogen Netherland steam methane reforming estimate and fixed costs.

SAF by-products, hydrotreated vegetable oil (HVO/renewable diesel), bio-naphtha and bio-propane are reflected in the cost of production prices.The assessments will reflect the cost of production at a SAF maximizing refinery, an HVO maximizing SAF refinery, as well as a breakeven price for production and blending, taking into consideration Dutch HBE-IXB credits, excluding margins.

The specifications are as follows:

AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonne
Quality: HEFA process using Used cooking oil DDP Northwest Europe as feedstock, reflecting a SAF maximizing refinery.
Location: ex-works Netherlands
Unit: $/tonne
Publication: Weekly, every Fridays at 1:00 pm London time

AG-SAF-0005 Sustainable aviation fuel (HVO max), base cost, exw Netherlands, $/tonne
Quality: HEFA process using Used cooking oil DDP Northwest Europe as feedstock, reflecting a SAF refinery optimizing HVO production
Location: ex-works Netherlands
Unit: $/tonne
Publication: Weekly, every Fridays at 1:00 pm London time

AG-SAF-0006 Sustainable aviation fuel (SAF max), base cost, exw Netherlands (incl. HBE-IXB credits), $/tonne
Quality: HEFA process using Used cooking oil DDP Northwest Europe as feedstock, reflecting a SAF maximizing refinery, and accounting for HBE-IXB credits
Location: ex-works Netherlands
Unit: $/tonne
Publication: Weekly, every Fridays at 1:00 pm London time

AG-SAF-0007 Sustainable aviation fuel (HVO max), base cost, exw Netherlands (incl. HBE-IXB credits), $/tonne
Quality: HEFA process using Used cooking oil DDP Northwest Europe as feedstock, reflecting a SAF refinery optimizing HVO production, and accounting for HBE-IXB credits
Location: ex-works Netherlands
Unit: $/tonne
Publication: Weekly, every Fridays at 1:00 pm London time

These prices will be part of the Fastmarkets Ags oils, fats and biofuels package.

To provide feedback on these prices or if you would like to provide price information by becoming a data submitter, please contact Misha Simonovska by email at pricing@fastmarkets.com. Please add subject heading “FAO: Misha Simonovska, re: SAF prices.”

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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