Biofuel Bunker Snapshot: B30-VLSFO prices drop across global hubs
Europe Rotterdam’s B30-VLSFO (POMEME) price has dropped $17/mt in the past week, most probably pressured by a $24/mt drop in the Dutch port’s conventional VLSFO price during the same period. Rotterdam’s B30-LSMGO (POMEME) price has gained by $17/mt to $1,476/mt, which has been similar to a $19/mt gain in the port’s conventional LSMGO price. B100 ...
Over the past week, prices for biofuels have seen a significant drop across global hubs. In Rotterdam, the price of B30-VLSFO has decreased by $17/mt, while B30-LSMGO has risen by $17/mt, reaching $1,476/mt. Meanwhile, B100 has seen a sharp $209/mt increase, now at $1,418/mt. Prima Markets' POMEME barge price has also risen by $35/mt to $2,059/mt.
Suppliers in the Netherlands can now provide ZRE A tickets for low carbon fuels, with their price falling by $30/mt to €190/mtCO2e. In Gibraltar, B30-VLSFO has plummeted by $166/mt, while B30-LSMGO has dropped by $107/mt, with B100 plunging by $215/mt to $1,665/mt. Singapore's B30-VLSFO has fallen by $56/mt, and its conventional VLSFO has only risen by $5/mt, narrowing the premium by $61/mt.
Singapore's bio-blended bunker sales surged by 48% in August, reaching 57,000 mt. Hong Kong's B30-VLSFO is $35/mt cheaper than Singapore's and has a $109/mt premium over its conventional VLSFO.
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.