Low biodiesel prices boost German biodiesel consumption to 6.22% in June

September 12, 2016 |

In Germany, biodiesel blending reached 6.22% in June, the highest seen all year thanks to low prices that stimulated demand and brought the year-to-date consumption to 1.1 million metric tons. The average for the year is well below 6%, however, and was only boosted by June’s jump in consumption when the figure reached 203,223 tons. In light of increased demand, prices have been rising over the past few weeks but that may in turn weigh on demand, countering the price-based stimulus.

Category: Fuels

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