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Biofuel Bunker Snapshot: Rotterdam’s B30 and conventional prices gain

Europe Rotterdam’s B30-VLSFO (POMEME) price has increased by $19/mt in the past week. The port’s conventional VLSFO price has risen by a greater $36/mt over the same period. Rotterdam’s B30-LSMGO (POMEME) price has gained $48/mt in the past week, supported by an $84/mt increase in the port’s conventional LSMGO price. Prima Markets-assessed POMEME and UCOME ...

Rotterdam's B30-VLSFO price has climbed $19/mt in the last week, while the conventional price has surged $36/mt. The B30-LSMGO price has also risen $48/mt, with the conventional LSMGO price up $84/mt. POMEME and UCOME barge prices have jumped $48/mt each, reaching $1,825/mt and $1,755/mt respectively. Biofuel feedstock prices may have aided this rise.

B100 bunker prices fell $21/mt. In contrast, Gibraltar's B30-VLSFO (UCOME) price soared $121/mt, with the conventional price only up $20/mt. This lifted Gibraltar's premium over conventional VLSFO to $403/mt. Lisbon's B30-VLSFO price climbed $33/mt but is now $85/mt below Gibraltar's. B100 in Portugal's Sines is $1,779/mt. Singapore's B30-VLSFO (UCOME) price rose $21/mt, while the conventional price jumped $8/mt.

China's UCOME cargo price fell $15/mt, affecting Singapore's biofuel bunker prices. Singapore's bio-blended bunker sales increased 6% to 38,000 mt in July, after three months of decline. Vitol Bunkers supplied 247 mt of VLSFO co-processed with CNSL to the Scion Mathilda in Singapore. Sunoil Biodiesel operates its Birjo II barge on B100 after converting it in May.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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