HVO (Tallow) Barge FOB ARA

This cash assessment reflects the value of a barge of hydrotreated vegetable oil (HVO), also known as renewable diesel, produced from RED-compliant tallow (category 3) and loading FOB ARA 7-to-28 days forward from the date of publication. This product typically trades in volumetric terms as a differential to low-sulfur gasoil futures and assessments are published as both a differential and a flat price. This assessment represents the flat price in US dollars per metric tonne. HVO is less dense than low-sulfur gasoil and the premium to underlying gasoil futures is adjusted accordingly, assuming an HVO density of 0.78 kg/l and a gasoil density of 0.845 kg/l.