In the Netherlands, the influx of Argentine biodiesel into the European market following the lowering of anti-dumping duties in late September has helped to drag down the FAME-0 premium over gasoil futures to near 30-month lows. Simultaneously, the premium for rapeseed-based biodiesel hit five-year highs over FAME-0 due to low water levels on the Rhine that kept rapeseed oil from reaching biodiesel processors while just as demand increased for winter blends that favor rapeseed biodiesel.
Category: Fuels