The Argus UCOME (used cooking oil methyl ester) price assessment is a key benchmark for European waste biodiesel markets. The primary basis for the UCOME price assessment is fob ARA range — including Antwerp, Rotterdam, Amsterdam, Dordrecht, Flushing and Ghent. Argus also produces a UCOME price assessment for the southeast China region.

Price assessment details

What are the advantages of the Argus UCOME biodiesel price assessment?

The Argus UCOME biodiesel price assessment benefits from a market-appropriate methodology, with spot trade initiated on the Argus Open Markets (AOM) platform. This approach delivers transparency and reliability and creates a price assessment series that is the benchmark for waste biodiesel in northwest Europe.

How is this assessment used?

The Argus UCOME biodiesel price assessment is used in contract settlement for supply agreements, swaps and futures trade, and transfer pricing. Users include refiners, suppliers, logistics providers and terminal operators among many others.

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