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Policy Uncertainty and Supply Shifts: A New Chapter in Biofuels Trade
It was my Birthday yesterday so I did not look at the markets. The global biofuels market finds itself navigating through increasingly...
Henri Bardon
Jan 282 min read
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I moved my comments to Substack - follow the link
https://open.substack.com/pub/globalbiodiesel/p/gasoil-backwardation-drops-44?r=3f53s9&utm_campaign=post&utm_medium=web&showWelcomeOnShar...
Henri Bardon
Jan 231 min read
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Oilseeds hangover cannot be wished away
Rapeseed oil spread with Soybean oil in Northwest Europe has narrowed to $20/mt while still holding its label as cheapest oil in Europe....
Henri Bardon
Jan 221 min read
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WTO pardons Palmoil while Beanoil returns to historical premium
Last Friday the WTO finally admitted that the European commission had discriminatded in a protectionistic fashion against Palm oil in its...
Henri Bardon
Jan 202 min read
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Soyoil Mar/May contango widens following 45z guidance inaction
Carrying charges for soyoil are now nearly -0.42 through May 25, reflecting the end of BTC and the advent of CFPC uncertainties under...
Henri Bardon
Jan 161 min read
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Release of the 45ZCF-GREET Model and Its Implications for Biodiesel/RD Feedstocks
Today U.S. Department of Energy’s release of the 45ZCF-GREET model  marks a significant evolution in evaluating lifecycle greenhouse gas...
Henri Bardon
Jan 152 min read
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Rapeseed oil premium to Soyoil declining
The spread between rapeseed oil and soyoil is reaching a low of +20 Euro/mt in northwest Europe as the winter biodiesel season ends,...
Henri Bardon
Jan 152 min read
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Despite uncertainty on 45z, soyoil export commitments support
Export commitments have been at an all-time high as US soyoil prices have been quite competitive. We have even seen 65Kt of soyoil...
Henri Bardon
Jan 132 min read
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Biodiesel flat price spikes on Russia related sanctions
Full standard deviation higher for gasoil, which is up $50/mt since the end of year settlement. The announcement of sanctions on the...
Henri Bardon
Jan 102 min read
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UCO Trade and SAF Production: Critical Connections in the Aviation Energy Transition
As major economies push ahead with sustainable aviation fuel (SAF) mandates in 2025, maintaining free trade in Used Cooking Oil (UCO) has...
Henri Bardon
Jan 92 min read
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Palm oil trade into Europe drops another 16%
The EU 27 imported in 2024 just 1.365 million metric tons. Palm is being substituted out of the trade in Europe just like it has been in...
Henri Bardon
Jan 72 min read
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Diesel Demand spikes in Asia on earlier dated CNY
Chinese New Year (CNY) is 12 days earlier than last year on Jan 29. China will export 17% less year-on-year for January of refined...
Henri Bardon
Jan 61 min read
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Pricing of Soyoil remains inconsistent with Bio demand perspective
Despite the drop in vegetable oil stocks, the growth in oilseed stocks is +22.3%, while vegetable oil stocks are down 9%. This is a...
Henri Bardon
Jan 32 min read
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US Biodiesel/RD Canola oil use spikes +37%
EIA data shows that overall feedstock use was up 15% in Oct24 vs. the year prior, with Yellow Grease showing the biggest drop in the mix,...
Henri Bardon
Jan 21 min read
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Henri Bardon
Dec 20, 20240 min read
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Baltic Dry Index finally collapses down 40% for month
BDI finally fell 5% today, trading below 1000, reflecting the market situation for essential dry bulk cargo. The Clean Tanker Index...
Henri Bardon
Dec 19, 20242 min read
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Ethanol policies impacting Biodiesel in both EU and US
A 24% decline in the Soy/Corn futures ratio is alerting U.S. farmers to grow less Soy as the U.S. plans to implement a permanent E15...
Henri Bardon
Dec 18, 20241 min read
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SAF mandate in Europe sparks interest for US exports
Last August, when Europe extended countervailing duties against China biodiesel and HVO imports, it specifically excluded SAF . Is it...
Henri Bardon
Dec 16, 20242 min read
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Dec Gasoil expires with heating oil screen-crack at high levels
Screen crack is still $23/Brl where it has been since week 44. This may explain the generally ample offers of distillate globally from...
Henri Bardon
Dec 11, 20242 min read
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Palm oil gives up nearly one std deviation as Indonesia backtracks
Palm oil remains the highest yielding and lowest cost to produce compared to any comparable vegetable oil, despite being the most...
Henri Bardon
Dec 10, 20241 min read
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