Bionaphtha FOB NWE
This cash price assessment reflects the outright value of a cargo of bionaphtha delivered 10-to-25 days forward from the date of publication FOB Northwest Europe, basis Rotterdam. Bionaphtha is a substitute for conventional fossil-based naphtha and is typically obtained as a byproduct of producing hydrotreated vegetable oil or sustainable aviation fuel via a HEFA process. It is traded at a premium to conventional naphtha CIF NWE, basis Rotterdam. Quantum assesses bionaphtha made from non-palm oil feedstock.
Currency and unit of measure: $/mt
Incoterm: FOB
Quantity:
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: Minimum 65% paraffin, non-palm feedstock, RED-compliant or ISCC-Plus certification
Start Date: 29.08.2023
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