# Biodiesel prices soar in Germany, up 30% compared to mid-August  : The Daily Digest

> German wholesale biodiesel prices rose about 30% from mid-August to 91.6 euro cents per litre, exceeding year-ago levels by 27%. The increase reflects strong September demand for rapeseed methyl ester, which is needed for winter diesel quality, and mineral oil companies stocking up for year-end greenhouse gas quota compliance. The rise also lifted rapeseed oil prices.

- Date: 2019-09-21 · published 2019-09-21T12:00:00.000Z
- Category: policy · region Germany · magnitude medium
- Page: https://feedsoft.ai/events/57169-biodiesel-prices-soar-in-germany-up-30-compared-to-mid-august-the-daily-digest
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Strong biodiesel demand pulls rapeseed oil into fuel use and supports European oilseed prices, which can lift canola and rapeseed-based meal values. Seasonal winter-blend and quota buying makes the demand push persist into the fourth quarter.

## Read by commodity

- SBO: bullish ▲
- DIESEL: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-04-08 | [Argentina raises biodiesel price to $635.5 per ton for April  : The Daily Digest](https://feedsoft.ai/events/59468-argentina-raises-biodiesel-price-to-635-5-per-ton-for-april-the-daily-digest.md) | -0.7% | -7.9% |
| SBO | 2018-03-12 | [Indonesian biodiesel production seen jumping to 3.5 million tons this year  : The Daily Digest](https://feedsoft.ai/events/65877-indonesian-biodiesel-production-seen-jumping-to-3-5-million-tons-this-year-the.md) | +1.8% | +0.3% |
| SBO | 2019-07-16 | [UFOP says that without biodiesel blending vegetable oil prices would collapse further  : The Daily Digest](https://feedsoft.ai/events/58194-ufop-says-that-without-biodiesel-blending-vegetable-oil-prices-would-collapse.md) | -1.9% | +4.8% |
| SBO | 2020-03-05 | [Indonesia’s B30 mandate to use 9.6 billion liters of biodiesel and save $4.5B in fossil fuel imports  : The Daily Digest](https://feedsoft.ai/events/54012-indonesia-s-b30-mandate-to-use-9-6-billion-liters-of-biodiesel-and-save-4-5b-in.md) | -7.3% | -11.5% |
| SBO | 2020-05-12 | [Brazilian biodiesel industry wants blending mandate at 14% from June ANP auction  : The Daily Digest](https://feedsoft.ai/events/53235-brazilian-biodiesel-industry-wants-blending-mandate-at-14-from-june-anp-auction.md) | +4.3% | +7.8% |
| DIESEL | 2018-09-02 | [Why Diesel Prices Are Set To Soar \| OilPrice.com](https://feedsoft.ai/events/63225-why-diesel-prices-are-set-to-soar-oilprice-com.md) | -0.9% | +7.6% |
| DIESEL | 2026-07-08 | [US diesel futures post biggest daily gains in four years after Russia bans exports \| Reuters](https://feedsoft.ai/events/12178-us-diesel-futures-post-biggest-daily-gains-in-four-years-after-russia-bans.md) | +20.8% | +12.8% |
| DIESEL | 2021-04-21 | [Renewable fuel requirements threaten to play bigger role in diesel price - FreightWaves](https://feedsoft.ai/events/47457-renewable-fuel-requirements-threaten-to-play-bigger-role-in-diesel-price.md) | +1.6% | +9.6% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/biodiesel-prices-soar-in-germany-up-30-compared-to-mid-august/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.