The suite of marine biodiesel indexes for Europe is compliant with the Renewable Energy Directive on a delivered on board basis. For Amsterdam-Rotterdam-Antwerp, the price suite includes B10, B20, B30, B50 and B100 indexes; and for Algeciras and Gibraltar, the B24 is the first assessed price in the Mediterranean, based on reported deals, bids and offers.  

These prices are published daily in Argus Biofuels and Argus Marine Fuels reports.  

Price assessment details


What are the advantages of the Argus RED marine biodiesel price assessment?

Argus B24 (UCOME) dob Algeciras-Gibraltar

  • Blend: 24pc used cooking oil methyl ester (UCOME) and 76pc very low-sulphur fuel oil (VLSFO).
  • Daily spot price assessment on a delivered-on-board (dob) basis for the Mediterranean ports of Algeciras and Gibraltar. 
  • Assessment input comes from both buyers and sellers to ensure a robust and accurate market price. 

Argus B30, B100 (Advanced Fame 0) dob ARA

  • Blend: B30 (Advanced Fame 0) dob ARA represents 30pc Advanced Fame 0 and 70% VLSFO while B100 is 100pc Advanced Fame 0. 
  • Published daily, the suite of prices is inclusive of HBE-Gs (Dutch bioticket) deductions, storage, throughput and barge costs. 
  • All prices in this suite are inclusive of ticket deductions and logistical costs as above.

Argus B30 (UCOME) fob ARA

  • Blend: 30pc UCOME and 70pc VLSFO 
  • Published daily, this price is free-on-board ARA and can be used for counterparties trading barges in NW Europe. 


How are these price assessments used?

Contracts: shipping companies, bunker suppliers and traders can use these prices in term contracts, spot contracts and to inform contract negotiations. They can also be used by organisations for internal transfer pricing

Risk management: companies buying UCOME,FAME and VLSFO for blending can use this independent index for mark-to-market valuations

Optimisation: refiners, traders and bunker suppliers selling marine biodiesel can identify shortages and oversupply to manage production and maximise profits

Analysis: Marine biodiesel prices can be used to monitor the evolving premium to conventional bunkers and as an input for price forecasts

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.