Proposal to discontinue two Chinese used cooking oil price assessments

Fastmarkets proposes to discontinue its weekly price assessments for AG-UCO-0013 UCO, Chinese flexi-tank, CFR Antwerp, Rotterdam, Amsterdam, and AG-UCO-0012 UCO, Chinese bulk, CIF Antwerp, Rotterdam, Amsterdam.

The proposal is driven by the lack of price inputs and by preliminary discussions with the market.

Specifically, Fastmarkets is proposing to discontinue the following price assessments:

AG-UCO-0013: UCO, Chinese flexi-tank, CFR Antwerp, Rotterdam, Amsterdam, $ per mt
Quality: Free fatty acids (FFA) max. 5-15%, moisture, impurities and unsaponifiable matter (MIU) max 2%, Iodine value (IV) min. 80 g iodine/hg, sulfur content max 50 ppm
Quantity: 500-1,000 tonnes
Location: Antwerp, Rotterdam, Amsterdam
Timing: Weekly. Thursday, 4 pm London time
Unit: $ per tonne
Publication: Shipment within the next 45 days from the assessment day.

AG-UCO-0012: UCO, Chinese bulk, CFR Antwerp, Rotterdam, Amsterdam, $ per mt
Quality: Free fatty acids (FFA) max. 5-15%, moisture, impurities and unsaponifiable matter (MIU) max 2%, Iodine value (IV) min. 80g iodine/hg, sulfur content max 50 ppm
Quantity: 2,500-5,000 tonnes
Location: Antwerp, Rotterdam, Amsterdam
Timing: Weekly. Thursday, 4 pm London time
Unit: $ per tonne
Publication: Shipment within the next 45 days from the assessment day.

These prices are part of the Fastmarkets Agriculture package.

The consultation period for this price discontinuation begins on Wednesday June 12 and will end on Friday July 12, with changes taking place, subject to market feedback, from Wednesday July 17.

Any short-term forecasts associated with these prices produced by the Fastmarkets research team will also be discontinued.

To provide feedback on the proposal to discontinue these price assessments, or if you would like to provide price information by becoming a data submitter to these prices, please contact Veronika Prykhodko by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Veronika Prykhodko, re: Chinese UCO prices.”

Please indicate if the 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: https://www.fastmarkets.com/methodology.

What to read next
The publication of the affected prices was delayed for 50 minutes. The following indices were published late: MB-MNO-0001 Manganese ore high grade index, cif Tianjin, $ per dmtu MB-MNO-0002 Manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, $/dmtu MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $/dmtu These prices are a part of the […]
Fastmarkets proposes to amend the specifications of its weekly price assessment for MB-STE-0037 steel rebar domestic exw Italy to better reflect the material traded in the market.
The purpose of this review is to ensure that the index continues to accurately reflect prevailing market conditions. We welcome feedback from industry participants on potential amendments to the base specification. This consultation, which is open until August 9, 2025 seeks to ensure that our methodologies continue to reflect the physical market under indexation, in […]
Fastmarkets has launched MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonne on July 9 due to an expected increase in Indonesia-origin aluminium exports. MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonneQuality: P1020A or 99.7 % Minimum Al purity (Si 0.10% max, Fe 0.20% max) in line with LME specifications. Ingot, T-bar, sowQuantity: Min 500 tonnesLocation: FOB IndonesiaTiming: […]
Information came to light that mill buying offers had been adjusted for July following Fastmarkets’ settlement of these prices on that date, leading to an incorrect published assessment for the following grades: MB-STE-0789 Steel scrap No1 heavy melting, consumer buying price, fob Montreal, Canadian $/net ton was previously published at C$245 ($179.41) per net ton, a C$10 […]
Fastmarkets has corrected its daily AG-PLM-0012 refined bleached deodorised (RBD) palm olein, fob Indonesia price assessment, which was published incorrectly on July 7 due to an input error.