Fastmarkets Launches Crude Palm Oil Mill Effluent, CIF Amsterdam, Rotterdam, Antwerp, $/Tonne on Thursday April 30

Why It Matters

Transparent, standardized pricing for POME helps European biodiesel producers meet RED compliance and improves market liquidity for waste‑derived feedstocks.

Key Takeaways

• Fastmarkets adds CIF POME price for Amsterdam, Rotterdam, Antwerp.
• EU waste‑based feedstock use hit 9 Mt in 2024, 13% from POME.
• New assessment updates weekly, with 100‑tonne minimum shipment.
• Pricing includes FFA ≥30% and ISCC certification requirements.
• Supports RED Annex IX A/B compliance for European biodiesel producers.

Pulse Analysis

The European biodiesel sector is rapidly pivoting toward advanced waste‑derived inputs, driven by the Renewable Energy Directive’s Annex IX A and B mandates. In 2024, waste‑based feedstocks reached a record 9 million tonnes, with crude palm oil mill effluent (POME) contributing roughly 13% of the mix. This shift reflects tighter sustainability criteria and the desire to reduce reliance on food‑crop oils, positioning POME as a cornerstone of the EU’s low‑carbon fuel strategy.

Fastmarkets’ introduction of a CIF‑based POME price for key North‑European ports fills a critical data gap. By publishing weekly assessments that include quality parameters—minimum 30% free fatty acids, ISCC certification, and a maximum 3% moisture‑impurities blend—the service offers traders a reliable reference point for contract negotiations and risk management. The 100‑tonne minimum volume and 45‑day shipment window align with typical bulk logistics, ensuring the benchmark reflects real‑world market conditions.

For biodiesel producers, the new benchmark simplifies compliance reporting and pricing transparency, potentially lowering transaction costs and encouraging further investment in waste‑based feedstocks. As EU policy continues to favor advanced biofuels, market participants can expect increased price discovery activity and possibly tighter spreads as supply chains mature. Stakeholders who contribute pricing data will help refine the index, fostering a more resilient and sustainable European biofuel market.