Biofuel Bunker Snapshot: Lower feedstock costs weigh on Rotterdam’s B30-VLSFO price
Europe Rotterdam’s B30-VLSFO (POMEME) price has dropped $36/mt in the past week, even as the Dutch port’s conventional VLSFO price has gained $23/mt over the same period. This has narrowed Rotterdam’s B30-VLSFO price premium…
Rotterdam’s B30-VLSFO (POMEME) price has dropped $36/mt in the past week, even as the Dutch port’s conventional VLSFO price has gained $23/mt over the same period.
This has narrowed Rotterdam’s B30-VLSFO price premium over conventional VLSFO by $59/mt to $96/mt.
Prima Markets’ ARA UCOME and POMEME barge prices, both indicators of feedstock sourcing costs, have each dropped $57/mt in the past week, to $1,625/mt and $1,695/mt respectively. That leaves UCOME at a $70/mt discount to POMEME.
Rotterdam’s B30-LSMGO (POMEME) is priced at $1,360/mt, an $87/mt discount to the port’s conventional LSMGO price.
This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →
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