Tag: UFOP

Small EU harvest drives rapeseed prices

Small EU harvest drives rapeseed prices

September 15, 2019 |

In Germany, UFOP reports that whereas the small harvests in the EU and buoyant RME demand from the biodiesel industry sent rapeseed prices in Paris rising, US soybean prices were guided by mixed stimuli. Paris rapeseed prices have been on a steady rise since the beginning of March 2019. Reaching EUR 351.50 per tonne – […]

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German biodiesel exports rose sharply to 1.14 million tons

German biodiesel exports rose sharply to 1.14 million tons

September 7, 2019 |

In Germany, UFOP reports that German biodiesel exports rose sharply in the first half of 2019 compared to 2018. The majority of exports went to other EU countries and Great Britain saw the largest relative increase. The Netherlands is the primary country of destination and by far the most important trading platform in Europe. In […]

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German rapeseed oil exports fell 15 per cent

German rapeseed oil exports fell 15 per cent

August 31, 2019 |

In Germany, UFOP reports that German exports of rapeseed oil shrank for the second year running in the 2018/19 marketing year. Above all, demand from some EU member states dropped sharply. German exports of rapeseed oil slowed considerably in 2018/19 compared to the previous year and even decreased by as much as one third compared […]

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UFOP says that double counting from waste feedstocks has been main HVO driver

UFOP says that double counting from waste feedstocks has been main HVO driver

August 15, 2019 |

In Germany, UFOP says production of hydrogenated vegetable oil (HVO) in the European Union has picked up pace since 2012. Fossil fuel groups, such as Neste, Eni and Total, were the main entities promoting the creation of corresponding capacities. From the perspective of the Union zur Förderung von Oel- und Proteinpflanzen (UFOP), the key reason […]

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Planned anti-subsidy duties on palm oil methyl ester ineffective

Planned anti-subsidy duties on palm oil methyl ester ineffective

August 10, 2019 |

In Germany, UFOP concludes that preliminary anti-subsidy duties announced by the EU Commision will not reduce imports of palm oil-based biodiesel after a comparison of 8% and 18% duty increases. In the anti-subsidy proceedings against Indonesia, the responsible committee of the EU Commission agreed at the end of July 2019 to impose preliminary punitive tariffs. […]

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EU oilseed crop smaller yet again

EU oilseed crop smaller yet again

August 3, 2019 |

In Germany, UFOP reports that for the second time in two years, the EU oilseed crop is set to be smaller than the previous year and that weather conditions have led to a reduced 2019 EU rapeseed harvest, bringing production down to a 13-year low. The EU Commission estimates 2019 output at 31.7 million tonnes. […]

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France bans palm oil from biofuels

France bans palm oil from biofuels

July 28, 2019 |

In Germany, UFOP reports that France is tightening up regulations on the use of palm oil as a feedstock in biofuels production. However, this only applies to palm oil eligibility within France. As a result, biofuels produced in France could push their way onto the EU market, toughening supply and price competition. The French regulation […]

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Soybean area tripled over past 10 years in Europe

Soybean area tripled over past 10 years in Europe

July 20, 2019 |

In Germany, UFOP reports that the soy area in the EU has risen 4% compared to 2018 and even tripled over the past 10 years, with the most significant growth in Germany and with the most soybeans grown in Italy. According to Agrarmarkt Informations-Gesellschaft (AMI), the large increases in soy area in many EU regions […]

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UFOP says that without biodiesel blending vegetable oil prices would collapse further

UFOP says that without biodiesel blending vegetable oil prices would collapse further

July 16, 2019 |

In Germany, following the FAO’s publication of vegetable oil trade data that shows prices are at their lowest levels since December 2018, the Union zur Förderung von Oel- und Proteinpflanzen (UFOP) said that the price situation in the vegetable oil markets would be even more dramatic, if countries such as Argentina, Brazil, the US and […]

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Palm and soybean oil lose a lot of ground

Palm and soybean oil lose a lot of ground

July 14, 2019 |

In Germany, UFOP reports that the vegetable oil price index of the Food and Agriculture Organization of the United Nations (FAO) dropped 12 per cent over the past marketing year and is currently at a level lower than that recorded in December 2018. The FAO vegetable price index shows the changes in international prices for […]

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