Biofuel Bunker Snapshot: Conventional prices push B30 prices higher
Rotterdam’s B30-VLSFO and B30-LSMGO sharply higher on the week
Antwerp’s bio-bunker sales increase 89% on quarter
Nippon Biofuel selected for Japan-backed Jatropha biofuel project
ARA and Europe
Rotterdam’s B30-VLSFO (POMEME) grade has surged around $152/mt through the past week, since Friday 17 April.
This rise was mainly supported by the surge in conventional VLSFO price. VLSFO price in Rotterdam has gained by around $119/mt in the same duration.
Meanwhile, Prima Markets assessed POMEME feedstock price gained by just $9/mt in the past week.
A $163/mt gain in Rotterdam’s conventional LSMGO price has also pushed up the port’s B30-LSMGO blend price by around $185/mt in the past week.
Separately, sales of bio-bunkers at the Port of Antwerp-Bruges in first quarter 2026 have rebounded strongly by around 89% to 21,000 mt, from a low of 11,000 mt reached in Q4 2025.
Despite the rise, Antwerp’s biofuel sales significantly trail Rotterdam’s bio-bunker sales which were at 112,000 mt in the first quarter, despite a 33% drop.
Meanwhile, Gibraltar’s B30-VLSFO (UCOME) price gained by around $152/mt during the past week. Its price premium over the port's conventional VLSFO grade has gained by $50/mt in the same period.
Securing biofuel deliveries in the ARA and in the Gibraltar, strait requires around 7-10 days of lead time, a trader said.
Asia
Singapore’s B30-VLSFO (UCOME) price has gained by around $154/mt through the last week since 17 April.
The port’s conventional VLSFO price has also increased around $121/mt during the same period.
The blend’s price premium over the conventional price has increased by around $33/mt in the past week to $267/mt. The premium has widened around $100/mt in the last month.
Most suppliers have now restarted biofuel supplies after pausing them early in the Middle East conflict to take advantage of the high VLSFO premiums.
Hong Kong's B30-VLSFO price has increased by just $53/mt in the past week.
Consequently, Hong Kong's blend is now offered at a $69/mt discount to Singapore, compared to a $32/mt premium seen on 17 April.
In other biofuel news this week:
Seagate Corporation, a subsidiary of Kawasaki Kisen Kaisha (K Line), said it has launched a tugboat fitted with an onboard biofuel blending system at the Kanagawa Dockyard in Japan.
Nippon biofuel has been selected for a Japanese government-backed project to build and demonstrate a production and supply model for jatropha-based marine biofuel from Africa to Asia. Under the project, Nippon Biofuels targets to 400,000 mt/year of biofuel by 2032 from jatropha cultivated in Mozambique and Ghana.
By Nachiket Tekawade
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