Fastmarkets proposes to change Chinese UCO timestamps

Fastmarkets is proposing to change the timestamp for its daily used cooking oil flexi-tank, fob China and used cooking oil, bulk, fob China price assessments from 4:30pm London time to 4:30pm Singapore time effective May 20, 2026, based on market feedback received.

April 22, 2026

The proposed methodology update will reflect the following:

AG-UCO-0015 Used cooking oil, flexi-tank, fob China, $/tonne
Quality: Free fatty acids (FFA) max. 15%, moisture, impurities and unsaponifiable matter (MIU) max 2%, iodine value (IV) min. 80 g iodine/hg, sulfur content max. 50 ppm
Quantity: Minimum 500 tonnes
Location: China, fob
Timing: Shipment within 45 days following date of sale
Unit: USD/tonne
Publication: Daily, 4:30pm Singapore time

AG-UCO-0014 Used cooking oil, bulk, fob China, $/tonne
Quality: Free fatty acids (FFA) max. 15%, moisture, impurities and unsaponifiable matter (MIU) max. 2%, iodine value (IV) min. 80 g iodine/hg, sulfur content max. 50 ppm
Quantity: Minimum 2,500 tonnes
Location: China, fob
Timing: Shipment within 45 days following date of sale
Unit: USD/tonne
Publication: Daily, 4:30pm Singapore time

Please send any questions or comments by May 13, 2026, to pricing@fastmarkets.com and biofuels@fastmarkets.com. 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.