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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