European UCOME prices seen bearish until Q3 due to FAME 0 glut

In the Netherlands, Platts reports that 90%-91% GHG savings UCOME is stuck in a bearish market until the FAME 0 supplies can be worn down and push prices for the fuel up higher. With FAME 0 so cheap, demand is almost non-existent for UCOME. With more biodiesel imports from Indonesia on its way, prospects for UCOME in the near term are grim and likely won’t pick up until Q3 when demand for the fuel usually upticks.