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Final decision on open consultation on methodology for US Gulf delivered used cooking oil assessments

Fastmarkets invited feedback from the industry on the pricing methodology for its US Gulf delivered used cooking oil price assessments, via an open consultation process between May 6 and May 30, 2025. This consultation was done as part of our annual methodology review process.

June 5, 2025
By Veronika Prykhodko
Agriculture Pricing consultations Pricing notice Used cooking oil

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.

This consultation sought 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 find the current methodology for Fastmarkets’ used cooking oil prices here.

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

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