The UK’s renewable transport fuel certificate (RTFC) market remained quiet over the week to Friday January 17, with no trading reported and subdued interest defining the start of the year.

The onset of the new year did little to stimulate trade in the UK’s renewable transport fuel certificate market, which was subdued through much of the week amid sliding biodiesel premiums and a weaker US dollar versus the British pound.

A slow start to the new year brought few indications to the UK’s renewable transport fuel certificate market, with what limited interest was heard over the final days of December and early January focusing on the 2025 compliance year.

A lack of transactions on the UK’s Renewable Transport Fuel Certificates (RTFCs) market in the week to Friday December 20 marked an early start to the seasonal holidays, while biodiesel prices fell in the background, ending Fastmarkets’ assessment of the market this year on a quiet note.

Activity in the UK Renewable Transport Fuel Certificates (RTFCs) market was subdued this week as the market seemingly slowed ahead of the seasonal holiday period, with only a handful of offers and one bid reported by traders, against a backdrop of tumbling biodiesel premiums in Europe.

Prices for UK renewable transport fuel certificates climbed steadily through the week to Friday December 6, adding value as underlying mineral diesel values softened and biodiesel premiums gained ground.

Activity in the UK Renewable Transport Fuel Certificates (RTFCs) market showed a slight slowdown during the week to Friday November 29, with limited bids and offers reported, and trading particularly focusing on non-crop 2025 certificates.