Biofuel Bunker Snapshot: Costly feedstock supports Rotterdam bio-bunker prices
ARA Rotterdam’s B30-VLSFO (POMEME) price has increased $27/mt over the past week, despite a $21/mt decrease in the Dutch port’s conventional VLSFO price. Prima Markets has assessed ARA POMEME and UCOME barge prices increasing $55/mt over the last week to $1,880/mt and $1,810/mt, respectively. This may have helped counter the downward pressure from the conventional ...
Rotterdam's B30-VLSFO (POMEME) price surged $27/mt over the past week, despite a $21/mt decrease in conventional VLSFO prices. Premium bunker prices for ARA POMEME and UCOME barges rose $55/mt in the last week, reaching $1,880/mt and $1,810/mt respectively. This helped offset downward pressure from the conventional VLSFO price decrease.
Rotterdam's pure B100 bunker price climbed $63/mt over the week. Meanwhile, B30-LSMGO blend prices dropped $11/mt, despite a $39/mt increase in LSMGO prices. Low-carbon advanced biofuel bunker sales, like POMEME-blends, can generate ZRE A tickets with value. These tickets lower the price of biofuel bunkering in the Netherlands, with assessed prices ranging from €135-149/mt ($157-173/mt) this week.
Gibraltar's B30-VLSFO price plummeted $118/mt, far surpassing a $16/mt decline in conventional VLSFO prices, narrowing the premium by $102/mt in a week. Portugal's Aveiro has B100 at $1,780/mt and B30-LSMGO at $1,451/mt. Singapore's B30-VLSFO (UCOME) price fell $24/mt, while its conventional VLSFO price dropped $51/mt. The port's B30-VLSFO premium over VLSFO widened to $231/mt.
China's UCOME cargo price, known to impact Singapore's bunkering prices, rose $5/mt to $1,190/mt. The Union of Greek Shipowners (UGS) called for emission targets based on bunker market supply ahead of IMO talks. Australia plans to boost demand and supply of low- and zero-emission bunker fuels to meet the IMO's 2050 net-zero goal.
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.