Calm Before the Storm: Biofuels Market Holds Breath Ahead of Weekend Positioning
Markets appeared to settle into a temporary lull on Wednesday, with biodiesel traders navigating steady price action in both Europe and the Americas. In the ARAG barge market, the RME/FAME 0 premium narrowed significantly to $107.50/mt, with RME trading at $1,444/mt and FAME 0 at $1,336/mt flat price. UCOME remained strong, holding a $102/mt premium to FAME 0 at $1,439/mt. While physical activity remained subdued, forward positioning hinted at a market anticipating volatility into the weekend.
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