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![Biodiesel trades firm up as Gasoil up +2.63% in the New Year](https://static.wixstatic.com/media/6e2e80_c88192bd81504a1a8d9c095e3fe37952~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_c88192bd81504a1a8d9c095e3fe37952~mv2.webp)
Henri Bardon
Jan 3, 20241 min read
Biodiesel trades firm up as Gasoil up +2.63% in the New Year
FAME finally trades at +335 which is above BOGO values of +302 as gasoil rebounds strongly. Soybeanoil was featureless and up only a...
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![Biodiesel/RD margin improves on year-end on both sides of Atlantic despite lower liquidity](https://static.wixstatic.com/media/6e2e80_89e05e3aa8364de09593a487c897d778~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_89e05e3aa8364de09593a487c897d778~mv2.webp)
Henri Bardon
Dec 20, 20231 min read
Biodiesel/RD margin improves on year-end on both sides of Atlantic despite lower liquidity
Improvements in Biodiesel Gross margins in EU particularly notable on Rapeseed Methyl Ester as margin widens to $250/mt which is almost...
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![SouthAmerica weather market pushes BOGO higher despite ICE gasoil rout](https://static.wixstatic.com/media/6e2e80_53aa27fe4580492b9d85b50edfde5b1e~mv2.png/v1/fill/w_359,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_53aa27fe4580492b9d85b50edfde5b1e~mv2.webp)
Henri Bardon
Dec 11, 20231 min read
SouthAmerica weather market pushes BOGO higher despite ICE gasoil rout
BOGO back up to +375 while spot FAME in Northwest Europe looks like a bargain at premium Vs ICE of +290. USDA last update the Brazil...
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![Bean oil breaks down below 50 c/lbs and SouthAm premiums under renewed pressure as weather improves](https://static.wixstatic.com/media/6e2e80_f11b105ec0d941f9bf057bd88a3746d5~mv2.png/v1/fill/w_146,h_75,fp_0.50_0.50,q_95,enc_auto/6e2e80_f11b105ec0d941f9bf057bd88a3746d5~mv2.webp)
Henri Bardon
Dec 6, 20231 min read
Bean oil breaks down below 50 c/lbs and SouthAm premiums under renewed pressure as weather improves
Looking for buyers even in Europe where Soybean oil now finally narrowing premium to Rapeseed oil to $55/mt but still showing an inverse...
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![US Renewable Diesel production up 74.5% Vs last year through Sep](https://static.wixstatic.com/media/6e2e80_82836ddfc16b4d62bb7c0cfd5520926d~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_82836ddfc16b4d62bb7c0cfd5520926d~mv2.webp)
Henri Bardon
Dec 3, 20231 min read
US Renewable Diesel production up 74.5% Vs last year through Sep
Renewable Diesel production has already reached 30,845 Mil Gallons by end of September according to the EIA monthly data release....
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![BOGO down 38.5% in the last 3 months reflecting ample feedstock supplies](https://static.wixstatic.com/media/6e2e80_eafb1793794443e5a5d5af4f9d1b1027~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_eafb1793794443e5a5d5af4f9d1b1027~mv2.webp)
Henri Bardon
Nov 28, 20231 min read
BOGO down 38.5% in the last 3 months reflecting ample feedstock supplies
Although down significantly, BOGO is still up $100/mt since the beginning of Nov mostly about concerns of the South American crop...
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![Oct RIN generation data show massive +16.5% monthly y-o-y increase](https://static.wixstatic.com/media/6e2e80_f30152ac1f15477eb8c810cf37bee3eb~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_f30152ac1f15477eb8c810cf37bee3eb~mv2.webp)
Henri Bardon
Nov 20, 20231 min read
Oct RIN generation data show massive +16.5% monthly y-o-y increase
EPA releasted RIN October data last Friday and as expected RIN generation continues to rocket higher yet RIN values remain stable for...
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![Contango suddenly returns to both energy and vegetable oils](https://static.wixstatic.com/media/6e2e80_d0e073826dcb47de83bc1a439cd86be5~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_d0e073826dcb47de83bc1a439cd86be5~mv2.webp)
Henri Bardon
Nov 17, 20231 min read
Contango suddenly returns to both energy and vegetable oils
14% move today in the Dec23/Apr24 contango for Gasoil. Considering that we are down 26.5% in the last 3 months, that is a large one day...
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![NOPA crushing all time high as US renewable diesel continues to ramp up](https://static.wixstatic.com/media/6e2e80_d6901b7f93114143bce7e8731e83b248~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_d6901b7f93114143bce7e8731e83b248~mv2.webp)
Henri Bardon
Nov 16, 20231 min read
NOPA crushing all time high as US renewable diesel continues to ramp up
NOPA Oct crush numbers (189.7 Mil bush or 5.1 Mil mt) don't lie and are fresh enough (monthly) to tell us what is happening on feedstock...
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![Biodiesel screen crush margin drops 23.5% as vegoil recover on SouthAm weather markets](https://static.wixstatic.com/media/6e2e80_4d7679d24cf247bd98f283aa6b760f67~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_4d7679d24cf247bd98f283aa6b760f67~mv2.webp)
Henri Bardon
Nov 14, 20231 min read
Biodiesel screen crush margin drops 23.5% as vegoil recover on SouthAm weather markets
Early high temperatures in SouthAmerica have spooked trade on crop prospects although we are only maybe 30 days into a 90 days crop...
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![Gasoil expiry throws Biodiesel into deeper contango](https://static.wixstatic.com/media/6e2e80_1e79694be3a041f7a324111761d145ce~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_1e79694be3a041f7a324111761d145ce~mv2.webp)
Henri Bardon
Nov 10, 20231 min read
Gasoil expiry throws Biodiesel into deeper contango
FAME spot flat price is now finally below $1000 at $978/MT. Q4/Q2 FAME is contango now -83 in premium and -39 flat price. UCOME is...
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![Gasoil tires near expiration, BOGO up 10% today, Germany exceeding Biodiesel mandate like US](https://static.wixstatic.com/media/6e2e80_b644a0d8357c4b228dde2643f20f2abe~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_b644a0d8357c4b228dde2643f20f2abe~mv2.webp)
Henri Bardon
Nov 7, 20231 min read
Gasoil tires near expiration, BOGO up 10% today, Germany exceeding Biodiesel mandate like US
Sep Gasoil expired at 1011.75 while Oct expired at 889.25, we are now looking at testing support 50DWMA 844.11. Gasoil will expire...
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![Soybean oil headed to next support levels of 44?](https://static.wixstatic.com/media/6e2e80_2fbf63fd6c8842c299b5839a7db6852a~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_2fbf63fd6c8842c299b5839a7db6852a~mv2.webp)
Henri Bardon
Nov 1, 20231 min read
Soybean oil headed to next support levels of 44?
Always good to take a look at charts during a holiday in Europe. With US bean harvest over and crush margin inverted by close to 50...
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![US now accounts for 38% of China UCO exports](https://static.wixstatic.com/media/6e2e80_95e89e2d04e04c87812d6b5d370bfd53~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_95e89e2d04e04c87812d6b5d370bfd53~mv2.webp)
Henri Bardon
Oct 31, 20231 min read
US now accounts for 38% of China UCO exports
2023 exports of UCO through Sep from China are slightly higher than last year taking some of the slack exhibited by Europe. German Diesel...
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![Is Palm Oil Set to Drag Down Vegetable Oil prices?](https://static.wixstatic.com/media/6e2e80_f66cae786f7a41c9a4ba9ad3b4001a05~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_f66cae786f7a41c9a4ba9ad3b4001a05~mv2.webp)
Henri Bardon
Oct 27, 20231 min read
Is Palm Oil Set to Drag Down Vegetable Oil prices?
Growing stocks in both Malaysia and Indonesia will push down Palm oil prices as demand remains poor and stocks growing in both Malaysia...
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![BOGO down 56.5% in last 3 months while Biodiesel cash values heavily discounted in Northwest Europe](https://static.wixstatic.com/media/6e2e80_a111650596ab44a494a2036548a40ace~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_a111650596ab44a494a2036548a40ace~mv2.webp)
Henri Bardon
Oct 25, 20231 min read
BOGO down 56.5% in last 3 months while Biodiesel cash values heavily discounted in Northwest Europe
BOGO sits at $130 premium to spot FAME in Northwest Europe. FAME trades today at +153 over ICE Gasoil or $1036.58. The whole market in...
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![Gasoil up 24% in last 3 months and BOGO down 56%](https://static.wixstatic.com/media/6e2e80_c2b66bfe37f44f27a4e69e352299be13~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_c2b66bfe37f44f27a4e69e352299be13~mv2.webp)
Henri Bardon
Oct 20, 20231 min read
Gasoil up 24% in last 3 months and BOGO down 56%
We are on verge of breaking key supports on BOGO as we are now trading at +277 over ICE Gasoil and we must watch +210 support area. EU...
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![Gasoil Backwardation breaking down in NWEurope and Biodiesel follows](https://static.wixstatic.com/media/6e2e80_9d8c43290488487e835de2def3e0f6b4~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_9d8c43290488487e835de2def3e0f6b4~mv2.webp)
Henri Bardon
Oct 17, 20231 min read
Gasoil Backwardation breaking down in NWEurope and Biodiesel follows
Nov/Apr backwardation that was near $100/MT last week has now broken down to +$78.5. We can also see that premiums for Biodiesel are now...
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![WASDE/USDA report shows lower US soy production, injects some hope in RINs value for Biodiesel](https://static.wixstatic.com/media/6e2e80_2d8f0dad4c274142a9d798c62618cbd0~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_2d8f0dad4c274142a9d798c62618cbd0~mv2.webp)
Henri Bardon
Oct 15, 20231 min read
WASDE/USDA report shows lower US soy production, injects some hope in RINs value for Biodiesel
When you look at the WASDE report issued on Thursday night last week, we can see that the only reason we bounced higher is that US...
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![Gasoil options open interest show a strong bullish bias and BOGO down 46%](https://static.wixstatic.com/media/6e2e80_d65a6a15124e4128926624cc49d17c33~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_d65a6a15124e4128926624cc49d17c33~mv2.webp)
Henri Bardon
Oct 10, 20232 min read
Gasoil options open interest show a strong bullish bias and BOGO down 46%
Gasoil moved quickly from 845.50 after lifting of the Russian export ban but are now back up above $900 and still below late Sep values. ...
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