Argus bionaphtha cfr NE Asia
Overview
Bionaphtha is a by-product of HVO (hydrotreated vegetable oil) and SAF (sustainable aviation fuel) production. It can be used in the petrochemicals sector to produce renewable polymers or can be blended with gasoline. When producing HVO, the yield of bionaphtha can be up to 10pc (though often lower), while this share can grow when producing SAF. While availability is currently limited, production is set to grow with rising capacity for HVO and SAF.
Argus publish daily price assessments for cfr northeast Asia and fob ARA bionaphtha in Argus Biofuels. This service delivers trusted price assessments alongside insightful commentary, news and analysis for the global biofuels markets.
Price assessment details
What are the advantages of the Argus bionaphtha cfr NE Asia price assessments?
Argus provides the industry’s first bionaphtha price assessment. The Argus bionaphtha cfr northeast Asia price is based on actual market activity – real physical trades, bids and offers of bionaphtha and not calculated values based on production cost.
The price assessment was launched in 2022, enabling Argus to offer key insight into price history and price drivers.
As a by-product of HVO and SAF production, bionaphtha prices are intertwined with those for these products. Argus HVO price assessments are regarded as the trusted benchmarks for this market. Argus is the leading source of market intelligence for hydro-treated products, with a range of key prices for HVO, SAF, bionaphtha and biopropane, as well as capacity data and market outlooks.
How are these assessments used?
The Argus bionaphtha cfr northeast Asia price assessments are used by those operating in the petrochemicals and road transport sectors.
There is a growing demand from the market for recycled and renewables plastics, pushing petrochemicals producers to purchase renewable feedstocks for their crackers. The road transportation sector interest stems from replacing conventional naphtha in gasoline blending with this emissions-reducing bionaphtha.
How to access these assessments?
Argus publish daily price assessments for cfr northeast Asia and fob ARA bionaphtha in Argus Biofuels. This service delivers trusted price assessments alongside insightful commentary, news and analysis for the global biofuels markets.
Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.
