Feedstock volatility, high prices weigh on European biofuels markets

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European feedstock volatility has stalled the supply growth of biofuels and resulted in high prices that have dampened demand for bio-diesel and bio-propane, according to fuel distributors in Europe. Platts, a part of S&P Global Commodity Insights assessed the bio-propane market at $2,610.50/mt or a $2,082/mt premium to the conventional CIF NWE large cargo assessment on March 23. This was…