For the Quarter Ending September 2026
| Region |
Basis |
Q3 2026 Avg (USD/MT) |
Q-o-Q Change |
Trend |
| APAC |
Biodiesel UCO Ex-Tanjung Priok, Indonesia |
1336.33 |
1.80% |
▲ Up |
| Europe |
Biodiesel Ucome FD Barcelona, Spain |
1470.33 |
-0.36% |
▼ Down |
| North America |
Biodiesel UCO CFR Houston, USA |
1624.33 |
-0.63% |
▼ Down |
Biodiesel Prices in APAC
- In Indonesia, the Biodiesel Price Index rose by 1.80% quarter-over-quarter, driven by stronger domestic B50 blending demand.
- The average Biodiesel price for the quarter was approximately USD 1336.33/MT, supported by B50-driven domestic procurement.
- Domestic Price Forecast suggests moderate gains as CPO allocation increases and producers protect margins into early autumn.
- Rising CPO and stable methanol increased cash production costs, supporting higher seller offers throughout Q3 2026.
- B50 blending mandate implementation sharply lifted domestic procurement by Pertamina and private distributors, underpinning greater offtake.
- EU and UK anti-dumping duties constrained exports, redirecting volumes regionally and reducing surplus export relief.
- No major plant shutdowns at Tanjung Priok; steady operating rates limited physical shortages and supported supply reliability.
- Centralised export licensing and smooth port operations maintained feedstock flows but prioritized domestic allocations, tightening spot availability.
Why did the price of Biodiesel change in September 2026 in APAC?
- Elevated domestic inventories and abundant palm-oil availability reduced sellers' pricing leverage, prompting downward pressure in September.
- Softer domestic biodiesel offtake and subdued industrial consumption weakened procurement, limiting fresh spot purchasing activity.
- Distribution logjams and constrained export outlets reduced lifting urgency, slowing inventory drawdown and price support.
Biodiesel Prices in Malaysia
- Elevated palm oil and UCO premiums increased production replacement costs, prompting producers to protect processing margins.
- Seasonal palm harvest improved feedstock availability, easing immediate cost pressure and encouraging limited downward price adjustments.
Biodiesel Prices in Singapore
- Steady marine-sector procurement sustained demand for bio-blended bunker fuel across Q3, underpinning supplier pricing discipline.
- Higher feedstock replacement values increased Production Cost, prompting producers to raise offers to protect margins.
Biodiesel Prices in Europe
- In Spain, the Biodiesel Price Index fell by 0.36% quarter-over-quarter, reflecting balanced supply and cautious procurement.
- The average Biodiesel price for the quarter was approximately USD 1470.33/MT, reflecting balanced supply and steady blending demand.
- Price pressure eased as Spanish producers ran around 60 percent utilisation, sustaining output without major outages.
- Used-cooking-oil availability improved in September across Mediterranean ports, reducing replacement-cost pressure and relieving upward pricing pressure.
- Adequate inventories and ongoing exports to Portugal and France prevented prompt tightness, limiting sellers' ability to push higher offers.
- Lower day-ahead power prices and improved inland-waterway conditions eased production and transport costs in September.
- Mandatory 10 percent blending sustained baseline consumption while buyers stayed cautious, curbing discretionary purchases in September.
- Price Forecast signals modest range-bound movement into autumn, with slight upside risk from shipping disruptions or tightened feedstock.
Why did the price of Biodiesel change in September 2026 in Europe?
- Improved feedstock availability in September reduced replacement-cost pressure and eased somewhat near-term seller pricing discipline.
- Lower electricity and energy costs reduced variable production expenses, supporting looser offers from producers in September.
- Weaker discretionary purchasing by downstream distributors limited demand-driven price support despite mandatory blending obligations in Spain.
Biodiesel Prices in Germany
- Declining UCO replacement costs reduced Production Cost pressure, removing some upward support for Biodiesel offers.
- Improved Rhine water levels eased logistical constraints slightly, lowering inland transport premiums and aiding the modest price softening.
Biodiesel Prices in Netherlands
- Lower prompt feedstock prices in late September reduced input cost pressure, contributing to mild downward momentum.
- Domestic production operated at steady rates with regular imports, keeping finished-stock availability comfortable through September.
Biodiesel Prices in North America
- In USA, the Biodiesel Price Index fell by 0.63% quarter-over-quarter, reflecting softer replacement costs and higher import availability.
- The average Biodiesel price for the quarter was approximately USD 1624.33/MT, based on CFR Houston assessments.
- Late-September weakness accelerated after feedstock and energy costs softened, extending the established 12-week bearish trend.
- Softer Crude Palm Oil and soybean-oil replacement economics reduced UCO replacement costs, pressuring seller offers.
- Lower natural gas and energy prices reduced production costs, enabling increased biodiesel output and greater supply availability.
- German market declines lowered replacement import valuations, allowing more competitive CFR Houston entries and pressuring local offers.
- Domestic demand remained measured; renewable-fuel blending obligations provided a consistent consumption floor supporting near-term buying.
- Commentary's monthly outlook shows modest percentage gains into late 2026, aligning with a moderate Price Forecast from analysts.
Why did the price of Biodiesel change in September 2026 in North America?
- Increased import availability and higher producer output eased prompt scarcity, reducing upward price pressure in September.
- Renewable-fuel blending obligations sustained baseline consumption but buyers remained cautious, limiting aggressive restocking activity.
- Softer feedstock and lower energy costs reduced replacement economics, enabling more competitive seller offers and weighing on prices.
For the Quarter Ending June 2026
Biodiesel Prices in North America
- In the USA, the Biodiesel Price Index rose by 4.65% quarter-over-quarter, reflecting tighter imports broadly.
- The average Biodiesel price for the quarter was approximately USD 1634.67/MT, reflecting elevated feedstock premia.
- Biodiesel Spot Price saw volatility as competing imports, constrained UCO collection, and blending mandates persisted.
- Biodiesel Production Cost Trend moved upward as used cooking oil and vegetable oil prices increased.
- Biodiesel Demand Outlook remained supportive from RFS compliance and seasonal blending, sustaining steady purchases nationally.
- Biodiesel Price Index reflected fluctuations, with freight insurance premia and import competition influencing Gulf Coast.
- Biodiesel Price Forecast shows modest upside risks from sustained feedstock strength and possible shipping disruptions.
- Inventory draws at Gulf terminals and pre-compliance buying underpinned near-term resilience in spot assessments regionally.
Why did the price of Biodiesel change in June 2026 in North America?
- Constrained UCO feedstock availability raised production costs, increasing landed import parity and tightening prompt supply.
- Geopolitical tensions increased freight insurance and voyage times, elevating delivered costs for Houston-bound biodiesel cargoes.
- Policy-driven RFS compliance buying and seasonal blending supported consistent demand across distributors, preventing price declines.
Biodiesel Prices in APAC
- In Indonesia, the Biodiesel Price Index rose by 6.35% quarter-over-quarter, driven by tighter UCO availability.
- The average Biodiesel price for the quarter was approximately USD 1312.67/MT as at Tanjung Priok.
- Biodiesel Spot Price signals fluctuated, underpinning the Price Index amid variable export and domestic bids.
- Biodiesel Price Forecast indicates upward bias as Biodiesel Production Cost Trend rises on methanol, UCO.
- Biodiesel Demand Outlook remains firm for mandated blending, supporting the Price Index despite export softness.
- Domestic inventories grew, pressuring the Biodiesel Price Index as exporters reduced volumes and offers softened.
- Major esterification plants operated at normal utilisation, supplying volumes yet limiting upside in Price Index.
- Higher freight premiums from regional tensions elevated landed costs, supporting a firmer Biodiesel Price Index.
Why did the price of Biodiesel change in June 2026 in APAC?
- Reduced UCO collections and export competition tightened feedstock supply, raising production costs, tightening product availability.
- Weaker rupiah and higher methanol import and freight costs elevated processing margins, pressuring domestic offers.
- Mandated B50 rollout increased mandated demand while smoother port operations kept immediate supply relatively balanced.
Biodiesel Prices in Malaysia
- In Malaysia, the Biodiesel Price Index rose by 6.50% quarter-over-quarter, driven by stronger mandated blending and firm feedstock.
- Biodiesel Spot Price firmed intermittently as UCO shortages and rising palm-oil support tightened immediate physical market availability.
Biodiesel Prices in Singapore
- In Singapore, the Biodiesel Price Index rose by 6.05% quarter-over-quarter, driven by feedstock tightness notably.
- Biodiesel Spot Price strength reflected tight UCO supplies, higher freight, and elevated bunker blending premiums lifting offers.
Biodiesel Prices in Europe
- In Spain, the Biodiesel Price Index rose by 4.14% quarter-over-quarter, driven by tightening feedstock availability and firm blending demand.
- The average Biodiesel price for the quarter was approximately USD 1475.67/MT, reflecting balanced supply and mandate-driven demand.
- Biodiesel Spot Price strengthened mid-June after tariff changes reduced opportunistic imports, tightening domestic spot liquidity.
- The Biodiesel Price Forecast indicates modest upside as UCO collection remains seasonally constrained and mandates persist.
- Biodiesel Production Cost Trend moved higher due to firmer UCO, vegetable oils, and elevated shipping and insurance premiums.
- The Biodiesel Demand Outlook stayed stable supported by blending mandates, recovering diesel consumption and stronger export nomination requirements.
- The Biodiesel Price Index displayed choppy weekly shifts, oscillating between feedstock-driven pushes and subdued inland blender activity.
- Domestic plants operated near normal rates while import barriers and logistics premiums supported tighter Spanish market offers.
Why did the price of Biodiesel change in June 2026 in Europe?
- Temporary import barriers and tariff notices reduced competitive inbound volumes, supporting firmer domestic biodiesel price levels.
- Seasonally lower UCO collection tightened feedstock availability, lifting production costs and constraining spot offer volumes.
- Steady blending mandates and improved export parity increased demand, offsetting weak inland diesel consumption patterns.
Biodiesel Prices in Germany
- In Germany, the Biodiesel Price Index rose by 4.36% quarter-over-quarter, supported by tightening feedstock availability.
- Biodiesel Spot Price indications tightened as inventories eased and modest export interest supported replenishment bids.
Biodiesel Prices in Netherlands
- In Netherlands, the Biodiesel Price Index rose by 4.52% quarter-over-quarter, reflecting constrained UCO supplies and blending mandates.
- Biodiesel Spot Price volatility eased as import flows stabilized, while the Price Index remained near mid-quarter levels.
For the Quarter Ending March 2026
Biodiesel Prices in North America
- In the USA, the Biodiesel Price Index rose by 1.87% quarter-over-quarter, reflecting temporary supply tightness.
- The average Biodiesel price for the quarter was approximately USD 1562.00/MT; supply remained balanced overall.
- Biodiesel Spot Price firmed on import premiums and precautionary buying ahead of spring blending commitments.
- Biodiesel Price Forecast sees near-term firmness from outages, then gradual softening as feedstock improves later.
- Biodiesel Production Cost Trend showed upward pressure from elevated vegetable oil costs and higher freight.
- Biodiesel Demand Outlook remained muted as blenders used inventories, limiting discretionary spot purchases and upside.
- Biodiesel Price Index movements moderated as imports offset domestic outages, maintaining spot availability in hubs.
- Producer outages were mostly temporary; market participants expected measured upside before feedstock supply rebalances later.
Why did the price of Biodiesel change in March 2026 in North America?
- Supply disruptions from U.S. plant outages and force majeures tightened spot availability, supporting higher bids.
- Rising palm and vegetable oil prices with higher freight and insurance lifted landed production costs.
- Imports and routine blending demand tempered panic buying, as inventories and cautious procurement limited upside.
Biodiesel Prices in APAC
- In Indonesia, the Biodiesel Price Index rose by 2.32% quarter-over-quarter, driven by firmer feedstock costs.
- The average Biodiesel price for the quarter was approximately USD 1234.33/MT, reflecting tighter UCO availability.
- Biodiesel Spot Price rose in March as Ramadan-related logistics tightened UCO collections and prompt availability.
- Biodiesel Price Forecast anticipates near-term firmness from compliance buying, easing later as feedstock supply improves.
- Biodiesel Production Cost Trend stayed elevated due to higher vegetable oil and imported methanol costs.
- Biodiesel Demand Outlook remained constructive with mandated blending and Q2 compliance buying supporting firm interest levels.
- Biodiesel Price Index volatility mirrored inventory swings and shifting export inquiries, prompting adjustments to offers.
- Low port inventories and rising bunkering demand tightened prompt supply, reinforcing upward pressure on Biodiesel.
Why did the price of Biodiesel change in March 2026 in APAC?
- Seasonal Ramadan logistics reduced UCO collections, tightening feedstock and lifting near-term biodiesel production costs materially.
- Elevated vegetable oil and imported methanol prices pushed production cost trend higher, constraining seller margins.
- Export inquiry timing and inventory rebalancing reduced prompt availability, supporting near-term price increases in March.
Biodiesel Prices in Europe
- In Spain, the Biodiesel Price Index rose by 2.06% quarter-over-quarter, reflecting firmer feedstock and logistics.
- The average Biodiesel price for the quarter was approximately USD 1417.00/MT, reflecting measured spot activity.
- Biodiesel Spot Price flashed firmer mid-March as feedstock shocks and shipping delays tightened prompt availability.
- Biodiesel Production Cost Trend rose driven by palm oil and energy price spikes compressing margins.
- Biodiesel Demand Outlook supported by mandated blending, while spot purchasing stayed cautious amid geopolitical uncertainty.
- Biodiesel Price Forecast signals near-term firmness from constrained supply, with gradual moderation as logistics normalize.
- Inventory accumulation in ARA reduced seller leverage, but export enquiries and restocking supported market resilience.
- Spanish plant outages and weather disruptions reduced output, increasing short-term reliance on imported prompt cargoes.
Why did the price of Biodiesel change in March 2026 in Europe?
- Supply disruptions from winter outages and Hormuz delays tightened feedstock flows and reduced prompt availability.
- Rising vegetable-oil and energy costs raised Biodiesel Production Cost Trend, pressuring margins and seller pricing.
- Spot demand softened as buyers drew down inventories, while mandatory blending maintained structural consumption levels.
For the Quarter Ending December 2025
Biodiesel Prices in APAC
- In Indonesia, the Biodiesel Price Index fell by 0.14% quarter-over-quarter, reflecting oversupply and feedstock easing.
- The average Biodiesel price for the quarter was approximately USD 1206.33/MT, serving domestic benchmarking purposes.
- December Biodiesel Spot Price tracked nearby CPO and methanol, tightening margins for refinery operators domestically.
- Biodiesel Production Cost Trend showed upward pressure from methanol and freight increases, lifting cash-cost baselines.
- Biodiesel Demand Outlook remained steady with B50 pilot, industrial procurement and mandatory blending supporting offtake.
- Biodiesel Price Forecast signals volatility as policy changes, CPO supply and import flows influence direction.
- Inventories, export demand influenced the Biodiesel Price Index, with port congestion and freight affecting availability.
- Major producer operating rates held normal, limiting supply shocks while policy measures shaped market sentiment.
Why did the price of Biodiesel change in December 2025 in APAC?
- Expanding CPO output increased feedstock availability, reducing marginal production costs and pressuring domestic biodiesel pricing.
- B50 road tests boosted demand, offsetting downward price pressure from abundant stocks and weak exports.
- Logistics delays and higher freight costs raised landed import expenses, contributing to elevated biodiesel costs.
Biodiesel Prices in Europe
- In Spain, the Biodiesel Price Index fell by 1.77% quarter-over-quarter, reflecting easing feedstock costs overall.
- The average Biodiesel price for the quarter was approximately USD 1388.33/MT, reflecting FD Spain conditions.
- Biodiesel Spot Price remained range-bound while the Price Index signalled sideways movement amid balanced supply.
- Biodiesel Production Cost Trend eased slightly as rapeseed and recycled feedstock availability improved marginally recently.
- Biodiesel Demand Outlook stays supported by blending mandates and resilient diesel consumption across transport sectors.
- Biodiesel Price Forecast indicates modest upside toward winter as restocking meets constrained waste-based feedstock supply.
- Biodiesel Price Index showed intermittent firming as coastal inventories thinned and export competition limited inflows.
- Domestic plant utilization subdued; imminent capacity additions may increase output and influence Biodiesel Price Index.
Why did the price of Biodiesel change in December 2025 in Europe?
- Tight waste-based feedstock availability in Europe compressed supply, elevating production margins and pushing prices higher.
- EU import constraints and anti-dumping measures limited palm-methyl-esters inflows, reducing replacement cargoes and tightening markets.
- Seasonal restocking and mandate-driven blending increased domestic offtake while freight and logistics remained broadly stable.
Biodiesel Prices in North America
- In the USA, the Biodiesel Price Index fell by 1.6% quarter-over-quarter, reflecting softer import costs.
- The average Biodiesel price for the quarter was approximately USD 1533.33/MT, supporting blending activity regionally.
- Biodiesel Spot Price momentum remained muted as Gulf CFR offers reflected balanced inventories and arbitrage.
- Biodiesel Price Forecast shows modest upside into Q1 from feedstock firmness and blending mandates ahead.
- Biodiesel Production Cost Trend rose as UCO and vegetable oil premiums increased, elevating replacement costs.
- Biodiesel Demand Outlook remains constructive with RVO-driven blending and steady industrial transport consumption through winter.
- Biodiesel Price Index found support from tight Gulf inventories and anti-dumping restrictions limiting cheap imports.
- Lean terminal stocks and persistent freight charges tightened availability, sustaining CFR offers into year-end activity.
- Regional plant turnarounds and variable European runrates constrained December exports, supporting near term price resilience.
Why did the price of Biodiesel change in December 2025 in North America?
- Tighter European UCO cargoes and anti-dumping restrictions reduced cheap imports, raising replacement costs and landed prices.
- Firm feedstock premiums and slight freight cost persistence elevated production and transportation costs, pressuring spot offers.
- Regulatory RVO activity and year-end blending urgency sustained demand, supporting bids despite neutral domestic industrial consumption.
