Biofuel Bunker Snapshot: Feedstock gains cushion Rotterdam B30 price decline

AI Summary

Rotterdam’s B30-VLSFO biofuel blend price has dropped by $7/mt in the past week, a much smaller decline compared to the conventional VLSFO’s $43/mt fall. This limited decline likely reflects higher biofuel feedstock costs offsetting fossil fuel price reductions in the biofuel bunker fuel market.

Europe Rotterdam’s B30-VLSFO (POMEME) price has fallen by $7/mt over the past week, a much smaller decline than the $43/mt drop in the port’s conventional VLSFO price. The relatively limited movement in the B30 blend could reflect higher biofuel feedstock costs offsetting much of the decline in the fossil fuel component. Prima Markets-assessed POMEME and ...