Biofuel Bunker Snapshot: Rotterdam’s B30-VLSFO premium over VLSFO widens sharply
Europe Rotterdam’s B30-VLSFO (POMEME) price has gained $12/mt in the past week, even as the Dutch port’s conventional VLSFO price has dropped $73/mt over the same period. This has widened Rotterdam’s B30-VLSFO price premium over conventional VLSFO by $85/mt, to $255/mt. Dutch suppliers can generate ZRE A tickets for selling low-carbon fuels, which can be ...
Rotterdam's B30-VLSFO (POMEME) price surged $12/mt within a week, while its conventional VLSFO price dropped $73/mt over the same timeframe. This widened Rotterdam's B30-VLSFO price premium over conventional VLSFO to $255/mt, up from $170/mt. Suppliers can now earn ZRE A tickets for low-carbon fuel sales, which can be traded among suppliers.
These tickets' price fell from €175/mtCO2e to €172.5/mtCO2e. Rotterdam's B30-LSMGO (POMEME) price fell $94/mt, while its conventional LSMGO price declined $143/mt, widening the premium by $49/mt to $70/mt. B100's Rotterdam price dropped $89/mt to $1,273/mt, a $15/mt drop from last week. Prima Markets' ARA UCOME and POMEME barge prices each fell $139/mt in a week, with UCOME at a $70/mt discount to POMEME on the barge level.
Singapore's B30-VLSFO (UCOME) price fell $86/mt to $1,019/mt, while its conventional VLSFO price dropped $34/mt. Singapore's B30-VLSFO premium over conventional VLSFO narrowed to $172/mt, down from $52/mt. China UCOME cargo's price dropped $15/mt to $1,215/mt, potentially impacting the biofuel blend's price. ENGINE recorded a 126% increase in B100 samples in Rotterdam from January to August, with B100 now making up 23% of the port's biofuel samples.
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.