The UK’s renewable transport fuel certificate market appeared to be slow for much of the week ended Friday April 26, but modest activity suggested major moves in price while the discount in 2023 certificates to 2024 disappeared.

Energy markets endured a torrid few hours after news of Israel’s retaliation against Iran broke overnight, but underlying diesel values were unconvinced and values surging toward the $815 per tonne level in early trading proved unsustainable as the close approached.

Prices in the UK’s renewable transport fuel certificate (RTFC) market declined this week, with the shock of last week’s sudden jump in ticket prices wearing off.

Despite a shorter week, UK ticket prices started increasing from the moment trade kicked off on Tuesday April 2, with a 2024 non-crop certificate trade heard at 16.1p per certificate amid clear signs that values were pushing higher.

The UK renewable transport fuel certificate (RTFC) market witnessed limited activity in the week to Thursday March 28, marked by only two trades involving non-crop 2024 certificates heard at 15.75 pennies per certificate and 15.95 pennies per certificate, both with a transfer for the first quarter of 2025.

Life returned to the UK renewable transport fuel certificate (RTFC) market through the week to Friday March 22, when a sudden...

The UK ticket market was largely restrained through the week, with a smattering of trades heard and little signs of dramatic...