Biofuel Bunker Snapshot: Conventional fuel gains lift B30 prices

AI Summary

The prices for B30 biofuel products at Rotterdam port have increased significantly in the last week, driven by gains in conventional VLSFO and LSMGO fuels. This shift indicates rising costs in the biofuel bunker market influenced by conventional fuel price dynamics.

Europe Rotterdam’s B30-VLSFO (POMEME) price has gained $28/mt in the last week, possibly supported by an $18/mt increase in the Dutch port’s conventional VLSFO price over the same period. The port’s B30-LSMGO (POMEME) price has increased $70/mt during the week, while the port’s conventional LSMGO price has seen a sharper $104/mt increase. Consequently, the B30-LSMGO ...