Argus International Biofuels Forward Curves
Overview
Argus International Biofuels Forward Curves is a daily forward curve service providing modelled current market values for 27 biofuels markets. Covering biodiesel, ethanol, HVO, SAF, UCO and marine biofuels across Europe, Asia and the Americas, it delivers independent, zero-arbitrage forward prices up to 24 months forward to support trading, risk management and deal valuation.
At a glance
- Covers Europe, Asia and Americas biofuels markets.
- 24-month rolling forward prices, published daily.
- Zero-arbitrage pricing across key biofuel grades.
- Supports mark-to-market, VaR and deal valuation.
- Validates forward curves against counterparty data.
- Delivery via data feed, API, Excel add-in and email.
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Key features
Daily forward curve updates
Argus publishes forward curves on weekdays. Prices are timestamped at 16:30 London, with the exception of Chicago ethanol, which carries a 14:30 New York timestamp.
Global biofuels coverage
Twenty-seven markets span biodiesel, ethanol, HVO, SAF, UCO and marine biofuels across ARA range, southeast Asia, Malaysia/Indonesia and the US, with prices in $/t and €/m³.
Zero-arbitrage pricing
Strip prices always equal the average of their component periods, ensuring internal consistency across monthly, quarterly and calendar strip contracts.
Rigorous data validation
Curves are calculated from current and historical inputs, including traded forward markets and historical price relationships. All inputs undergo rigorous quality and relevance checks.
Methodology and oversight
All models adhere to published methodologies and are under continual review, including evaluation of conceptual soundness, ongoing monitoring and outcome analysis.
Flexible delivery options
Access data via datafeed, Argus Direct® client portal, third-party partners, Excel add-in or email, integrating into existing risk management and analytical workflows.
Who uses this service
Risk managers
- Validate forward curves against counterparty data using an independent, unbiased source.
- Apply forward prices for mark-to-market accounting and daily profit and loss assessments.
- Calculate value-at-risk, potential future exposure and deal valuation with confidence.
Traders and market analysts
- Reference prior-day curves as a daily starting point when entering biofuels markets.
- Identify locational and temporal spread relationships across global biofuels markets.
- Use historical curve data to inform trading strategies and commercial positioning.
Commodity structurers and derivatives desks
- Value option premiums associated with forward biofuels contracts.
- Apply scenario analysis to assess exposure across structured biofuels positions.
- Use regression analysis to model price relationships across biofuel grades and regions.