European biodiesel soars on potential US year-round E15 approval

March 1, 2017 |

In the Netherlands, FAME 0 biodiesel prices soared $22 per metric ton to $431 and RME followed suit rising $23/ton to $459 following a stronger BO-GO price of $261.86, more than $50 higher, on the expectation that a potential deal to allow E15 sales year-round in the US would boost demand for biodiesel. The White House has denied the deal while the Renewable Fuels Association who allegedly negotiated the deal with the White House in exchange for shifting the point of obligation under the Renewable Fuels Standard has been kicked out of the Fuels America group with whom it has close ties internationally and domestically.

Category: Fuels

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