EMEA News
B30 Biofuel Blend at 23% Premium to Rotterdam VLSFO: Report
Price reporting agency Argus Media has set out its assessment of the cost of biofuel bunker blends in Northwest Europe.
Prices for a B30 biofuel blend containing 30% biodiesel delivered at Rotterdam came in at an average premium of $131/mt, or 23%, to VLSFO at the Dutch port in the first half of March, Argus reported late last week.
Prices for a B20 blend averaged at a $98/mt, or 17%, premium.
Rotterdam's VLSFO price was at an average of $568/mt in the first half of March, according to Ship & Bunker data.
In Q4 Rotterdam saw 261,079 mt of biofuel-fuel oil blend sales and 8,447 mt of biofuel-distillate blends, up by 42.3% and down by 8.8% on the year, respectively. In 2022 as a whole bio-fuel oil sales totalled 750,949 mt and bio-distillates 39,690 mt, up by 199.7% and down by 21.3% on the year respectively.
