Fastmarkets launches POME CIF ARA assessment

In the Netherlands, Fastmarkets has launched crude palm oil mill effluent (POME), CIF Amsterdam, Rotterdam, Antwerp (ARA), $/ton assessment on Thursday April 30, to provide greater transparency in a growing European market for advanced biofuel feedstocks.

Demand for waste-based feedstocks for both Renewable Energy Directive (RED) Annex IX A and Annex IX B has been steadily rising and overtaking crop-based feedstocks in European biofuel production over the past several years, reaching a total of 9 million metric tons in 2024, the latest European Biodiesel Board data shows, with POME accounting for 13% of biofuel production.  

A CIF ARA assessment complements Fastmarkets’ existing FOB Malaysia and Indonesia POME prices and strengthens coverage across biofuel feedstocks as the EU focus on advanced waste-based inputs continues to rise. The methodology of the new price will reflect the following:

AG-PLM-0037 Crude palm oil mill effluent, CIF Amsterdam, Rotterdam, Antwerp, $/ton
Quality: Free fatty acids (FFA) min. 30%, moisture, impurities and unsaponifiable matter (MIU) max. 3%, total fatty matter min. 95%, ISCC certified.

Tags: Fastmarkets, Netherlands, POME CIF ARA

Category: Fuels