European biodiesel prices rise in line with higher rapeseed oil

In the Netherlands, poor rains across Europe’s rapeseed growing area have led to higher rapeseed oil prices in anticipation of a smaller crop, prices which have in turn supported European biodiesel prices despite current supply availability in the ARA region for nearby deliveries. Crush margins have in turn eased after remaining tight for the past several weeks when feedstock rose but physical prices didn’t match the uptick. Crude palm oil and soy oil prices have risen in line with rapeseed.