Biofuel Bunker Snapshot: Lower feedstock costs limit Rotterdam B30-VLSFO price gain
Europe Rotterdam’s B30-VLSFO (POMEME) price has gained $11/mt in the past week, while the Dutch port’s conventional VLSFO price has jumped $30/mt over the same period. This has narrowed Rotterdam’s B30-VLSFO price premium over…
Rotterdam’s B30-VLSFO (POMEME) price has gained $11/mt in the past week, while the Dutch port’s conventional VLSFO price has jumped $30/mt over the same period.
This has narrowed Rotterdam’s B30-VLSFO price premium over conventional VLSFO by $19/mt, to $155/mt.
Dutch suppliers can generate ZRE A tickets for selling low-carbon fuels, which can be traded with other suppliers. The price of these tickets held at €240/mtCO2e ($269/mtCO2e) on Thursday this week, unchanged from last Thursday.
These ZRE A tickets help lower Rotterdam’s biofuel prices compared with other ports. Belgium has no such mechanism.
This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →
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