European biodiesel buyers remain on the sidelines until Q2 auction in mid-February

February 4, 2016 |

In the Netherlands, biodiesel buyers remain on the sidelines as they wait for Q2 when demand will pick up for summer blends, a move which has seen the premium for both RED RME and RED FAME 0 fall to two month lows. Tenders for Q2 are expected to open around mid-February, which should help to boost demand for UCOME. Sluggish demand has seen RME producers slow down their production as prices reached an eight-month low.

Category: Fuels

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