Biofuel Bunker Snapshot: Lower feedstock costs weigh on Rotterdam’s B30-VLSFO price

AI Summary

Rotterdam’s B30-VLSFO biofuel bunker price fell by $36 per metric ton over the past week, while conventional VLSFO rose by $23. The resulting $59 narrowing left the biofuel blend at a $96-per-ton premium, with lower feedstock costs weighing on its 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 over conventional VLSFO by $59/mt to $96/mt. Prima Markets’ ARA UCOME and POMEME barge prices, both indicators of feedstock sourcing costs, ...