03.03.2025
EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
UCO was reported traded at $920/mt CIF Amsterdam, Rotterdam, Antwerp (ARA) for delivery in ISO tanks, while flexi-tank deliveries were indicated in the price range of $880-900/mt CIF.
Spot indications for European UCO softened to €920-960/mt DDP North-Western Europe, with the best offer heard at around €940/mt but no firm buying interest quoted against it. Prices for March-April remained firm at around €1,000-1,050/mt DDP.
Rapeseed oil (RSO) selling indications for nearby loading in February-March were unchanged at €855-860/mt FOB Dutch Mill, while buying interest softened to €815-825/mt. Ideas for April were seen a touch higher at €865/mt versus €835/mt FOB.
Animal fats prices were also stable, with category 3 15% free fatty acids (FFA) tallow unchanged at €770-800/mt EXW North-West Europe, while 5% FFA tallow was quoted in a wide range of €890-945/mt EXW depending on quality.
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