European biodiesel prices fall to 10-month lows as winter spec demand falls

In the Netherlands, rapeseed biodiesel prices are falling back like ethanol due to lack of demand for winter spec and buyers holding off on buying summer-spec fuel. Prices last week fell to 10-month lows at $811.75/ton. April is when blenders switch to summer spec where lower quality PME and FAME can take the place of more expensive RME. Last Wednesday, RME had a premium of $84.75/ton over FAME 0. With demand fading, margins are also shrinking, forcing producers to slow down production in line with demand.