Rotterdam’s B30-VLSFO price fell $133 per tonne over the week, while conventional VLSFO fell $77 per tonne, narrowing the biofuel blend’s premium to $40 per tonne. At the same time, ARA UCOME and POMEME barge prices, indicators of feedstock costs, each rose $66 per tonne.
The decline in conventional marine fuel prices appears to have pulled the biofuel blend lower despite rising feedstock costs. This is a bunker-fuel price move and does not establish a direct change in demand or prices for the listed agricultural commodities.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.