Europe phases out FAME-0 for the winter pushing prices down

November 8, 2017 |

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.

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Category: Producer News

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