Overview

Sustainable aviation fuel (SAF) policies are advancing at different speeds across the world. Europe leads the way with binding mandates, Asia-Pacific is gradually introducing SAF targets, while the US is incentivising production growth through tax credits.

As the EU and UK are driving global SAF consumption and leading the way on synthetic aviation fuel (e-SAF) policies, SAF prices in the Amsterdam-Rotterdam-Antwerp (ARA) hub are central for global values.

Argus’ well-established hydrotreated esters and fatty acids synthesised paraffinic kerosene (HEFA-SPK) prices are underpinned by growing liquidity on Argus Open Markets (AOM) and provide visibility on real market values for this commodity.

Argus European SAF prices

  • HEFA-SPK SAF fob ARA range (PA0030681)
  • HEFA-SPK SAF cif NWE (PA0040153)

 

Argus also publishes mass-balanced modelled production costs for e-SAF FT Netherlands.

What are the advantages of Argus European SAF price assessments

Argus HEFA-SPK SAF fob ARA range

The well-established northwest European benchmark Argus HEFA-SPK SAF fob ARA range is underpinned by growing liquidity on the Argus Open Markets® platform, which enables market participants to post bids and offers and initiate commodity deals in real time for physical spot markets.

The price assessment reflects the real market value of wholesale fob ARA range prices for unblended, used cooking oil (UCO)-based HEFA-SPK, compliant with European renewable energy directive (RED) standards. 

Who uses these assessments? 

Argus SAF prices are trusted and used by a wide range of market participants, including:

  • HEFA SAF producers who need a market value for their molecules.
  • Airlines and offtakers looking for independent market prices.
  • Fuel suppliers obligated under European mandates.
  • Feedstock originators looking to understand the value of the finished product to help them price their feedstock.
  • Traders who connect producers and buyers across the world.
  • Analysts requiring a valuation tool for renewable fuels.
  • Banks evaluating investment opportunities, offering SAF risk management products to their client or simply trading SAF futures.
  • Hydrotreated vegetable oil (HVO) market participants. For example, HVO producers looking to understand values for alternative hydrotreated products.

 

How to access the Argus European SAF price assessments

Price assessments for SAF around the world are published as part of Argus Biofuels, Argus Americas Biofuels and Argus Jet Fuels. These services provide independent price assessments alongside the latest news and expert analysis of market and regulatory developments.

Key price assessments

Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.