During the week ending on April xx, xxxx, the decline in Biodiesel prices in European region was influenced by several key factors. Notably, there was a decrease in demand from the Netherlands, strategic actions taken by traders and seasonal adjustments in the usage of Biodiesel also played crucial roles in driving prices downward. Simultaneously, in Asia, the Biodiesel market experienced a noticeable decrease in prices due to a confluence of factors. Lower Palm Oil prices were a primary driver, compounded by various EU regulatory actions. Moreover, regional oversupply and weak demand further exacerbated the downward pressure on prices in the region.
The Biodiesel market in Spain saw a noticeable decline, with prices dropping by xx, equivalent to a USDxx USD/MT decrease, with the price recorded as Free Delivered (FD) Barcelona. This downturn in the market was largely driven by weakened demand across downstream market sectors. A notable...
