Rapeseed oil (RSO) fob Dutch mill
Overview
RSO is produced by crushing rapeseed and is widely used in Europe as both a vegetable oil in the food industry and as a major feedstock for the burgeoning biofuels industry.
Price assessment details
What is the RSO fob Dutch mill price assessment?
Argus has assessed pricing for the physical fob Dutch mill RSO market since 2010. This pricing sits at the heart of the agriculture/biofuels intersection. It complements Argus’ wide range of global vegetable oil and oilseeds pricing.
The Argus European RSO index is a trusted, independent price benchmark for the physical fob Dutch mill market. The assessment is based on daily discussions with a wide range of buyers, sellers and trading intermediaries. Trading firms, producers, crushers and biofuels market participants have referenced this index for many years.
How is this price used?
US-based exchange CME Group has launched cleared, cash-settled futures prices for European RSO on CBOT, to enable market participants to manage their vegetable oil and biofuels feedstock price exposure without taking on counterparty credit risk.
These futures settle against a monthly average of the Argus daily front three-month price for the RSO fob Dutch mill physical market, published during the CME futures contract month.
Fob Dutch mill physical spot and forward curve pricing is published in Argus’ daily AgriMarkets report.
Explore our Agriculture products
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.