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RME on its way out in Europe with summer spec gaining traction

April 18, 2016 |

In the Netherlands, winter seems far behind with only sunny skies ahead, leading biodiesel buyers to focus on summer spec FAME 0 biodiesel with its higher Cold Filter Plugging Points and leave the lower CFPP rapeseed-based biodiesel behind in gray, cold winter. The spread between the two biodiesels are currently at eight-month lows but physical trade saw a premium of $20/ton above the $18/ton spread once. The premium isn’t expected to last long, however, as bearish sentiments toward RME continue.

Category: Fuels

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