ICE

ENERGY

Biofuels

As worldwide legislations prioritize climate risk mitigation strategies, biofuels play a key role in meeting national goals of reducing greenhouse gas emissions in the transportation sector. ICE’s futures offering includes first and second-generation biofuels across several locations.

ICE Biofuels Contracts

EUROPEAN BIODIESEL

FAME

Fatty Acid Methyl Ester (FAME) is a biodiesel produced by transesterification of vegetable oils with methanol. The most actively traded future represents the difference between the Argus FAME FOB ARA Range assessment and ICE’s Low Sulphur Gasoil 1st Line Future.

EUROPEAN BIODIESEL

RME

The biodiesel produced from rapeseed oil is called Rapeseed Methyl Ester (RME), more suitable for cold climates. The differential between the Argus RME FOB ARA Range assessment and ICE’s Low Sulphur Gasoil 1st Line Future is the primary hedging product.

EUROPEAN BIODIESEL

UCOME

Made from used cooking oil, the finished methyl ester, UCOME, is a second-generation biofuel increasingly favored by blenders to satisfy the mandated (EU RED II) shift to waste-based biofuel. Launched in December 2020, the UCOME FOB ARA Range (RED Compliant) vs. Low Sulphur Gasoil 1st Line Future has been actively traded.

EUROPEAN ETHANOL

Ethanol

The Ethanol T2 FOB Rotterdam (Platts) Future reflects the monthly average settlement of Platts’ assessment for Ethanol with a minimum greenhouse gas saving of 60%.

ICE Biofuels Data Center

Argus FAME 0 FOB ARA Range vs Low Sulphur Gasoil 1st Line Future

Argus RME FOB ARA Range vs Low Sulphur Gasoil 1st Line Future

Ethanol T2 FOB Rotterdam Barges (Platts) Future

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Recent OI Activity
Recent OI Activity

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