Market Commentary 20 Dec 2024
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.
p/cert. | +/- | ||
---|---|---|---|
RTFC Index | xx | xx | |
wRTFC 2024 | xx | xx | |
cRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
cRTFC 2023 | xx | xx | |
Outright $/mt |
Spread to ULSD $/mt |
Spread to ULSD p/litre |
|
UCOME | xx | xx | xx |
FAME 0 | xx | xx | xx |
RME | xx | xx | xx |
ULSD | xx | ||
USD/GBP | xx | ||
RTFC-RHI spread (waste based biomethane)* | |||
p/kWh | p/litre | ||
wRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
* 3 pence/kWh RHI |
Market Commentary 13 Dec 2024
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.
p/cert. | +/- | ||
---|---|---|---|
RTFC Index | xx | xx | |
wRTFC 2024 | xx | xx | |
cRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
cRTFC 2023 | xx | xx | |
Outright $/mt |
Spread to ULSD $/mt |
Spread to ULSD p/litre |
|
UCOME | xx | xx | xx |
FAME 0 | xx | xx | xx |
RME | xx | xx | xx |
ULSD | xx | ||
USD/GBP | xx | ||
RTFC-RHI spread (waste based biomethane)* | |||
p/kWh | p/litre | ||
wRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
* 3 pence/kWh RHI |
Market Commentary 6 Dec 2024
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.
p/cert. | +/- | ||
---|---|---|---|
RTFC Index | xx | xx | |
wRTFC 2024 | xx | xx | |
cRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
cRTFC 2023 | xx | xx | |
Outright $/mt |
Spread to ULSD $/mt |
Spread to ULSD p/litre |
|
UCOME | xx | xx | xx |
FAME 0 | xx | xx | xx |
RME | xx | xx | xx |
ULSD | xx | ||
USD/GBP | xx | ||
RTFC-RHI spread (waste based biomethane)* | |||
p/kWh | p/litre | ||
wRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
* 3 pence/kWh RHI |
Market Commentary 29 Nov 2024
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.
p/cert. | +/- | ||
---|---|---|---|
RTFC Index | xx | xx | |
wRTFC 2024 | xx | xx | |
cRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
cRTFC 2023 | xx | xx | |
Outright $/mt |
Spread to ULSD $/mt |
Spread to ULSD p/litre |
|
UCOME | xx | xx | xx |
FAME 0 | xx | xx | xx |
RME | xx | xx | xx |
ULSD | xx | ||
USD/GBP | xx | ||
RTFC-RHI spread (waste based biomethane)* | |||
p/kWh | p/litre | ||
wRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
* 3 pence/kWh RHI |
Market Commentary 22 Nov 2024
UK renewable transport fuel certificates (RTFC) reversed their recent trajectory in the week to Friday November 22, recording the first significant drops since late September, according to Fastmarkets data.
p/cert. | +/- | ||
---|---|---|---|
RTFC Index | xx | xx | |
wRTFC 2024 | xx | xx | |
cRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
cRTFC 2023 | xx | xx | |
Outright $/mt |
Spread to ULSD $/mt |
Spread to ULSD p/litre |
|
UCOME | xx | xx | xx |
FAME 0 | xx | xx | xx |
RME | xx | xx | xx |
ULSD | xx | ||
USD/GBP | xx | ||
RTFC-RHI spread (waste based biomethane)* | |||
p/kWh | p/litre | ||
wRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
* 3 pence/kWh RHI |
Market Commentary 15 Nov 2024
The UK renewable transport fuel certificate (RTFC) market experienced a slight slowdown in activity during the week to Friday November 15, although prices showed signs of gradual increases.
p/cert. | +/- | ||
---|---|---|---|
RTFC Index | xx | xx | |
wRTFC 2024 | xx | xx | |
cRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
cRTFC 2023 | xx | xx | |
Outright $/mt |
Spread to ULSD $/mt |
Spread to ULSD p/litre |
|
UCOME | xx | xx | xx |
FAME 0 | xx | xx | xx |
RME | xx | xx | xx |
ULSD | xx | ||
USD/GBP | xx | ||
RTFC-RHI spread (waste based biomethane)* | |||
p/kWh | p/litre | ||
wRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
* 3 pence/kWh RHI |
Market Commentary 8 Nov 2024
UK Renewable Transport Fuel Certificate (RTFC) values fell week on week on Friday November 8, with a handful of trades at levels below last week being reported by market sources, while biodiesel prices strengthened in the background.
p/cert. | +/- | ||
---|---|---|---|
RTFC Index | xx | xx | |
wRTFC 2024 | xx | xx | |
cRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
cRTFC 2023 | xx | xx | |
Outright $/mt |
Spread to ULSD $/mt |
Spread to ULSD p/litre |
|
UCOME | xx | xx | xx |
FAME 0 | xx | xx | xx |
RME | xx | xx | xx |
ULSD | xx | ||
USD/GBP | xx | ||
RTFC-RHI spread (waste based biomethane)* | |||
p/kWh | p/litre | ||
wRTFC 2024 | xx | xx | |
wRTFC 2023 | xx | xx | |
* 3 pence/kWh RHI |