Tag: UCOME

CME launches UCOME futures contracts

CME launches UCOME futures contracts

September 24, 2020 |

In the UK, CME Group announced the first trade of the Used Cooking Oil Methyl Ester (UCOME) futures contracts. Ten contracts were traded on September 16, 2020. Open interest was at 65 contracts as of September 22, 2020. Tullett Prebon Energy & Commodities, part of TP ICAP, a leading provider of market infrastructure, became the […]

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

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

April 10, 2018 |

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 […]

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Demand for UCOME in Europe falling as other low GHG fuels step up the pace

Demand for UCOME in Europe falling as other low GHG fuels step up the pace

June 5, 2017 |

In Germany, the GHG-based biodiesel-blending mandate has led biodiesel producers across Europe to work to reduce the GHG intensity of fuels, a move which has worked to reduce demand for used cooking oil-based biodiesel. Biodiesel GHG emissions reductions have lowered to 71.5% in 2016 compared to 50.5% in 2014, meaning biodiesel compliant with the German […]

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Researchers develop high-speed UCOME conversion method

Researchers develop high-speed UCOME conversion method

March 1, 2016 |

In Iran, scientists at the Petroleum University of Technology in Ahwaz have developed a high-speed conversion that turns waste cooking oil into fuel using ultrasound and caustic soda. Details are reported in the International Journal of Oil, Gas and Coal Technology. The team has demonstrated that biodiesel can be quickly produced from waste cooking oil […]

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Poland double-counting to lead to summer demand for German UCOME

Poland double-counting to lead to summer demand for German UCOME

January 5, 2016 |

In Poland, increased demand for double-counted waste-based biodiesel from Germany is likely to increase following the implementation of a new law on Monday. The policy falls in line with many other European countries, with demand expected to kick in around Q2 when blenders start looking at summer spec biodiesel. The current winter blend has a […]

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