NWE biodiesel prices soar on high RFS demand in the US

In Europe, biodiesel prices for Northwest Europe soared as increased biodiesel demand under the RFS across the Atlantic pushed up vegetable oil prices around the world, hitting 4.5 month and 5.5 month highs for RED-compliant FAME and RME respectively. The premium over ICE gasoil prices also hit the highest since April.

Category: Fuels