The price of the Biodiesel in the European market has marked stable trend from past x weeks as of xth week of January. This stability in the declining trend in the Biodiesel price is witnessed due to the lower demands perceived from the downstream market in effect with the destocking of the inventories from the supplier’s end. The investigation of the European Union on the Biodiesel imported from the Chinese market has played an important role in influencing the price in these respective sessions.
In the fourth week of January, Biodiesel prices in the Netherlands reached xxxx USD/MT FOB-Rotterdam, despite a noticeable uptick in Rapeseed Oil prices. Facing challenges from substantial imports from China, the European Biodiesel Board (EBB) has entered a critical phase in its strategic response. Notably, the EBB has successfully identified and curtailed fraudulent practices, including suspected re-exporting of Indonesian Biodiesel via the Port...
