Market Commentary 21 Jun 2024
21 Jun 2024
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.
p/cert. +/-
RTFC Index xx xx
wRTFC 2024 xx xx
cRTFC 2024 xx xx
wRTFC 2023 xx xx
cRTFC 2023 xx xx
Outright
$/mt
Spread to ULSD
$/mt
Spread to ULSD
p/litre
UCOME xx xx xx
FAME 0 xx xx xx
RME xx xx xx
ULSD xx
USD/GBP xx
RTFC-RHI spread (waste based biomethane)*
p/kWh p/litre
wRTFC 2024 xx xx
wRTFC 2023 xx xx
* 3 pence/kWh RHI
Market Commentary 14 Jun 2024
14 Jun 2024
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.
p/cert. +/-
RTFC Index xx xx
wRTFC 2024 xx xx
cRTFC 2024 xx xx
wRTFC 2023 xx xx
cRTFC 2023 xx xx
Outright
$/mt
Spread to ULSD
$/mt
Spread to ULSD
p/litre
UCOME xx xx xx
FAME 0 xx xx xx
RME xx xx xx
ULSD xx
USD/GBP xx
RTFC-RHI spread (waste based biomethane)*
p/kWh p/litre
wRTFC 2024 xx xx
wRTFC 2023 xx xx
* 3 pence/kWh RHI
Market Commentary 7 Jun 2024
7 Jun 2024
The cost of UK renewable transport fuel certificates continued to push higher through the week to Friday June 7, on biodiesel premiums that have staged recoveries in the face of tighter supply and falling values in the underlying mineral diesel complex.
p/cert. +/-
RTFC Index xx xx
wRTFC 2024 xx xx
cRTFC 2024 xx xx
wRTFC 2023 xx xx
cRTFC 2023 xx xx
Outright
$/mt
Spread to ULSD
$/mt
Spread to ULSD
p/litre
UCOME xx xx xx
FAME 0 xx xx xx
RME xx xx xx
ULSD xx
USD/GBP xx
RTFC-RHI spread (waste based biomethane)*
p/kWh p/litre
wRTFC 2024 xx xx
wRTFC 2023 xx xx
* 3 pence/kWh RHI
Market Commentary 31 May 2024
31 May 2024
The UK’s renewable transport fuel certificate (RTFC) market experienced a slow week to Friday May 31, with some initial trading activity that tapered off as the week progressed.
p/cert. +/-
RTFC Index xx xx
wRTFC 2024 xx xx
cRTFC 2024 xx xx
wRTFC 2023 xx xx
cRTFC 2023 xx xx
Outright
$/mt
Spread to ULSD
$/mt
Spread to ULSD
p/litre
UCOME xx xx xx
FAME 0 xx xx xx
RME xx xx xx
ULSD xx
USD/GBP xx
RTFC-RHI spread (waste based biomethane)*
p/kWh p/litre
wRTFC 2024 xx xx
wRTFC 2023 xx xx
* 3 pence/kWh RHI
Market Commentary 24 May 2024
24 May 2024
With underlying diesel values softened, biodiesel premiums climbed and UK certificate prices capitalized with sharp upward moves through the week to Friday May 24.
p/cert. +/-
RTFC Index xx xx
wRTFC 2024 xx xx
cRTFC 2024 xx xx
wRTFC 2023 xx xx
cRTFC 2023 xx xx
Outright
$/mt
Spread to ULSD
$/mt
Spread to ULSD
p/litre
UCOME xx xx xx
FAME 0 xx xx xx
RME xx xx xx
ULSD xx
USD/GBP xx
RTFC-RHI spread (waste based biomethane)*
p/kWh p/litre
wRTFC 2024 xx xx
wRTFC 2023 xx xx
* 3 pence/kWh RHI
Market Commentary 17 May 2024
17 May 2024
UK certificate prices had another week of restrained activity, with a smattering of trades indicating a mild drop in values for both the 2023 and 2024 vintages.
p/cert. +/-
RTFC Index xx xx
wRTFC 2024 xx xx
cRTFC 2024 xx xx
wRTFC 2023 xx xx
cRTFC 2023 xx xx
Outright
$/mt
Spread to ULSD
$/mt
Spread to ULSD
p/litre
UCOME xx xx xx
FAME 0 xx xx xx
RME xx xx xx
ULSD xx
USD/GBP xx
RTFC-RHI spread (waste based biomethane)*
p/kWh p/litre
wRTFC 2024 xx xx
wRTFC 2023 xx xx
* 3 pence/kWh RHI
Market Commentary 10 May 2024
10 May 2024
Trading activity in the UK’s renewable transport fuel certificate (RTFC) market was slow for most of the week to Friday May 10, although some activity was observed in the latter stages of the week.
p/cert. +/-
RTFC Index xx xx
wRTFC 2024 xx xx
cRTFC 2024 xx xx
wRTFC 2023 xx xx
cRTFC 2023 xx xx
Outright
$/mt
Spread to ULSD
$/mt
Spread to ULSD
p/litre
UCOME xx xx xx
FAME 0 xx xx xx
RME xx xx xx
ULSD xx
USD/GBP xx
RTFC-RHI spread (waste based biomethane)*
p/kWh p/litre
wRTFC 2024 xx xx
wRTFC 2023 xx xx
* 3 pence/kWh RHI