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SAF Still a Drop in the Tank as Biofuels Markets Brace for RVO Decision
The U.S. Energy Information Administration (EIA) highlighted a bullish long-term trend this week, projecting that renewable diesel and...
Henri Bardon
May 82 min read
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Bio Paper Premiums Defying Fundamentals
It’s been a quiet trading period with May holidays dampening market activity across Europe and Asia, but some key trends deserve...
Henri Bardon
May 62 min read
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Recession Signals Emerge as Gasoil and Soyoil Diverge Sharply
Markets today display broad weakness, particularly in energy sectors, exacerbated by geopolitical uncertainties that have sent gold...
Henri Bardon
May 52 min read
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February US Feedstock Collapse Highlights Market and Legislative Chaos
The latest EIA data for February paints a grim picture for biodiesel and renewable diesel (RD) producers, highlighting a severe...
Henri Bardon
May 22 min read
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Margin Squeeze Deepens as Gasoil Breaks $600—Market Copes with Diverging Biodiesel Signals
ICE Gasoil futures plunged below $600/mt today, extending a month-long decline now totaling over $70/mt. The gasoil curve continues to...
Henri Bardon
Apr 302 min read
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Europe Must End Double Counting to Achieve True Transport Decarbonization
After reviewing the latest market developments and Q1 company results — particularly the deeply concerning earnings from Neste — it is...
Henri Bardon
Apr 292 min read
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2025 Biodiesel Economics: High Stakes, Negative Margins, and a Looming Policy Reset
European biodiesel markets closed the week relatively firm in spot trading, but overall sentiment remains cautious . UCOME traded at...
Henri Bardon
Apr 283 min read
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How SAF Co-Processing is Muddying the Waters of Renewability
The recent expansion of co-processing in Europe, driven significantly by the Renewable Energy Directive III (RED III) and its flexible...
Henri Bardon
Apr 283 min read
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Valero Q1 Report Casts Shadow on Renewable Diesel Market Despite Bullish Soybean Oil Trends
Gasoil markets saw a remarkable settlement on Friday, April 25, closing significantly higher at $628.50 per metric ton. This represents...
Henri Bardon
Apr 272 min read
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Protectionistic Pressures Cloud Biodiesel Outlook
The biodiesel complex continues to wrestle with conflicting signals as bean oil futures pushed higher today to 48.66 cents/lb, narrowing...
Henri Bardon
Apr 242 min read
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Tariff Ripples and Tanker Traffic: Markets Recalibrate Amid New Constraints
ICE gasoil prices dropped by $11/mt today to $630, giving a significant lift to BOGO spreads. With bean oil relatively static, the spike...
Henri Bardon
Apr 232 min read
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Rapeseed Oil Breaks Higher as Gasoil Rallies and BOGO Narrows
Global biodiesel markets opened the week with notable shifts in price spreads and product fundamentals, most visibly through a sharp...
Henri Bardon
Apr 222 min read
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Deep Discounts and Dollar Weakness Set the Stage for a Repricing
Markets opened quietly this week with Easter Monday and the Pope's passing (RIP) keeping most of Europe offline, but signals from energy...
Henri Bardon
Apr 212 min read
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IMO Greenlights Feedstock Flexibility as Soyoil Surges
The biodiesel complex finds itself at an intriguing inflection point today. Gasoil has firmed to $634/mt, lending support to downstream...
Henri Bardon
Apr 172 min read
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BOPO Breakout or Blow-Off? Cracks, Crude, and South American Supply Loom
The BOPO spread (Bean Oil – Palm Oil) has surged from –90 on January 3 to +112.82 today—an extraordinary 200-point reversal that reflects...
Henri Bardon
Apr 162 min read
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Title: Tight Stocks, Tighter Margins: Can Policy Catch Up With Biofuel Reality?
The biodiesel and renewable diesel landscape remains in flux this week, with Europe’s spot premiums still strong despite stable ICE...
Henri Bardon
Apr 152 min read
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When Fundamentals Break: Biodiesel Premiums, Carbon Tariffs, and a Disconnected Dollar
The biodiesel market continues to confound expectations. Spot premiums in the ARAG barge market have exploded, with FAME 0 trading at...
Henri Bardon
Apr 142 min read
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Markets Whipsawed by Tariff Turnaround and USDA’s WASDE: A 90-Day Window into Uncertainty
Today’s biofuels market landscape is clouded by confusion and contradiction. While the USDA’s latest WASDE report offered few surprises,...
Henri Bardon
Apr 102 min read
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Tariff Shockwaves: Biofuels Outlook One Week After Liberation Day
One week after 'Liberation Day,' the policy pendulum in Washington continues to swing abruptly, and with it, the global biofuels complex....
Henri Bardon
Apr 91 min read
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Market Drift or Structural Shift? Pressure Mounts Across the Biofuels Complex
ICE gasoil futures have broken sharply lower, slipping by 4%—a full standard deviation—on the back of mounting bearish sentiment in...
Henri Bardon
Apr 92 min read
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