The week ending Friday July 26 saw a notable slowdown in the trading of the UK's Renewable Transport Fuel Certificates (RTFCs), with initial trading activity diminishing as the week progressed.

The renewable transport fuel certificates (RFTC) market was focused on used cooking oil in the week to Friday July 19, amid reports of potential fraud in the Netherlands just days ahead of an expected announcement from the European Commission on preliminary penalties for Chinese biodiesel flows.

UK certificate prices had another week of restrained activity, but early trading indications for renewable transport fuel certificates (RTFCs) for the 2025 compliance year have surfaced for the first time, hinting at a shift in market focus.

Limited activity and only half-hearted trading towards the end of the week to Friday July 5 were the mark of the UK’s renewable transport fuel certificates (RTFC), with all bids, offers and traded prices concentrating on the 2024 vintage and the non-crop class.

The UK’s renewable transport fuel certificate (RTFC) market experienced a slow week to Friday June 28, with some initial trading activity that tapered off as the week progressed.

Stronger values in the underlying diesel complex pressured European biodiesel premiums during the week to Friday June 21, squeezing them as the gasoil contract pushed up from the $760 per tonne level to peak at $790 per tonne mid-week, before easing back to $780 per tonne by the end.

After non-crop 2024 tickets reached their peak at 20.50 pence per certificate, the cost of UK renewable transport fuel certificates (RTFCs) began to decline slightly in the week to Friday June 14, according to Fastmarkets data.