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Biodiesel in blends rebounded to 6 per cent

(PresseBox) (Berlin, ) The comparatively low purchase prices for biodiesel have stimulated demand appreciably. The June 2016 volume of biodiesel in blends surged to 6.22 per cent, the highest level since the beginning of the year.

Total June 2016 consumption of diesel fuel shot up by just less than 5 per cent, to 3.3 million tonnes, from the previous month. Consequently, the volume amounted to around 18.6 million tonnes in the first half year. This translates to a 7 per cent rise year-on-year. The trend also drove up consumption of biodiesel - to a much lower degree - by one per cent, to 1.1 million tonnes. In other words, the volume of biodiesel in blends remained below the level of 6 per cent most of the time. Consumption figures did not rise substantially until June 2016. The Federal Office for Economic Affairs and Export Control (BAFA) reported that demand for biodiesel for blending amounted to 203,223 tonnes that month. The was the largest quantity in more than one year. If demand for mineral diesel continues to rise, it could also support sales of biodiesel. However, this outlook is dampened by the fact that over the past few weeks biodiesel prices have continuously increased compared to diesel, according to Agrarmarkt Informations-Gesellschaft mbH (AMI).

About UFOP - Union zur Förderung von Oel- und Proteinpflanzen e.V.

Die Union zur Förderung von Oel- und Proteinpflanzen e. V. (UFOP) vertritt die politischen Interessen der an der Produktion, Verarbeitung und Vermarktung heimischer Öl- und Eiweißpflanzen beteiligten Unternehmen, Verbände und Institutionen in nationalen und internationalen Gremien. Die UFOP fördert Untersuchungen zur Optimierung der landwirtschaftlichen Produktion und zur Entwicklung neuer Verwertungsmöglichkeiten in den Bereichen Food, Non-Food und Feed. Die Öffentlichkeitsarbeit der UFOP dient der Förderung des Absatzes der Endprodukte heimischer Öl- und Eiweißpflanzen.

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