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Argus marine biodiesel B24 dob Guangzhou| Argus Media
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marine biodiesel B24 dob Guangzhou</h1><div class="h4 qa-banner-description">The first independent spot price assessment for China </div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#details" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Price assessment details</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our marine fuels products</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><button type="button" class="PageSubnavigation_showMore__2Z47G cta 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class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield">Argus has launched the first marine biodiesel spot price for China — B24 dob Guangzhou — adding to existing coverage for Asia, including<a rel="noopener noreferrer" href="https://www.argusmedia.com/en/methodology/key-commodity-prices/argus-marine-biodiesel-b24-dob-singapore" target="_blank"> B24 dob Singapore</a>.<br /> <br /> B24 is a blend of 24pc used cooking oil methyl ester (UCOME) and 76pc very low-sulphur fuel oil (VLSFO) that is increasingly being used in the maritime sector. The Argus B24 bunker price for Guangzhou is based on deals, bids and offers obtained from market participants. Input comes from both buyers and sellers, including shipowners, ship charterers, bunker suppliers, traders and brokers. This price is therefore reflective of market activity at the port of Guangzhou. <br /> <div> </div></div></div></div></div></div></div></div></div><div class="component component-padding grey"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-9"><h2 class="qa-textpanel-title">Price assessment details</h2><div class="qa-textpanel-description TextPanel_description__v7NGU"><h1 id="details"></h1> <h3> What are the advantages of the Argus B24 price assessments?</h3> <p>B24 dob Guangzhou encompasses volumes sold on a spot basis from bonded tanks at the port of Guangzhou. Because of domestic blending complications, B24 is blended in Hong Kong or Singapore and reimported to Guangzhou for bunkering. </p> <p>This assessment allows shipowners and bunker suppliers to monitor marine biodiesel price development in China and to compare it with B24 dob Singapore, B24 dob Algeciras-Gibraltar and B30 dob Amsterdam-Rotterdam-Antwerp (ARA) prices.<br /> <br /> Understanding the value of marine biodiesel is critical as the industry weighs up decarbonisation options. Marine biodiesel is seen as a ‘plug-and-play’ solution, providing an immediate carbon reduction while the industry awaits lower or zero-carbon alternatives.<br /> <br /> </p> <h3> How is the assessment used?</h3> <p><strong>Contracts</strong>: Shipping companies can use this price in term contracts, spot purchases and in contract negotiations with bunker suppliers. It can also be used internally by organisations for transfer pricing<br /> <br /> <strong>Risk management</strong>: Companies buying UCOME and VLSFO for blending can use this independent index for mark-to-market valuations <br /> <strong></strong></p> <p><strong>Optimisation</strong>: Refiners, traders and bunker suppliers selling marine biodiesel can identify shortages and oversupply to manage production and maximise profits. Shipowners can use this price to determine the cost benefit of bunkering B24 at Guangzhou compared with Singapore or European ports. It can be used to determine the cost of bunkering marine biodiesel to improve a vessel’s CII score, reduce EU ETS costs or meet FuelEU Maritime requirements.<br /> <br /> <strong>Analysis</strong>: Marine biodiesel prices can be used to monitor the evolving premium to conventional bunkers and as an input for price forecasts, and also be compared with other Argus marine biodiesel prices to determine competitiveness.</p> <div> </div></div></div></div></div></div></div><div class="component component-padding navy " id="products"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="section-heading">Explore our marine fuel products</h2></div></div><div class="ProductListing_products__Uxsig row"><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/zh/solutions/products/argus-marine-fuels"><h3 class="sub-heading h4">Argus Marine Fuels</h3><div class="ProductListing_itemDescription__E7NK3">The most comprehensive global view of daily conventional and alternative marine fuel prices and news.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/zh/solutions/products/argus-marine-fuels-outlook"><h3 class="sub-heading h4">Argus Marine Fuels Outlook</h3><div class="ProductListing_itemDescription__E7NK3">A unique monthly report bringing valuable insights from the conventional and alternative marine fuel markets together in one place.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/zh/solutions/products/argus-biofuels"><h3 class="sub-heading h4">阿格斯生物燃料市场日报 (Argus Biofuels)</h3><div class="ProductListing_itemDescription__E7NK3">覆盖生物燃料完整供应链,提供为全球高度认可的生物燃料价格基准、市场动态及深度分析</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div></div></div></div></div><div class="component component-padding white" id="prices"><div class="component-content"><div class="container"><div class="row"><div class="CardCarousel_intro__0GvNz col-12 col-lg-8 mx-auto"><h2 class="qa-keyprices-title">Key price assessments</h2><div class="CardCarousel_description__8cKdr qa-keyprices-description">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.</div></div></div></div><div class="CardCarousel_carousel__4za2y"><div class="container"><div class="row"><div class="col-lg-10 offset-lg-1 d-none d-lg-block"><div class="Carousel_carousel__cxmDM "><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div class="qa-slide-items current"><a title="" target="|Custom" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-wti-midland"><div><h3 class="qa-keyprices-item-title h4">Argus marine biodiesel B24 dob Singapore</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The first independent assessment of marine biodiesel in the world’s busiest port</p></div><span class="qa-keyprices-item-cta cta">Read more</span></a></div><div class="qa-slide-items "><a title="" target="|Custom" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-wti-houston"><div><h3 class="qa-keyprices-item-title h4">Argus European RED marine biodiesel indexes</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus B24 (UCOME) dob West Med, Argus B30, B100 (Advanced Fame 0) dob ARA, Argus B30 (UCOME) fob ARA</p></div><span class="qa-keyprices-item-cta cta">Read more</span></a></div></div></div></div></div><div class="col-12 d-lg-none"><div class="Carousel_carousel__cxmDM pagination qa-slide-pagination"><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div class="qa-slide-items current"><a title="" target="|Custom" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-wti-midland"><div><h3 class="qa-keyprices-item-title h4">Argus marine biodiesel B24 dob Singapore</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The first independent assessment of marine biodiesel in the world’s busiest port</p></div><span class="qa-keyprices-item-cta cta">Read more</span></a><a title="" target="|Custom" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-wti-houston"><div><h3 class="qa-keyprices-item-title h4">Argus European RED marine biodiesel indexes</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus B24 (UCOME) dob West Med, Argus B30, B100 (Advanced Fame 0) dob ARA, Argus B30 (UCOME) fob ARA</p></div><span class="qa-keyprices-item-cta cta">Read more</span></a></div></div></div></div></div></div></div></div><div class="CardCarousel_viewAllContainer__zbqIj container"><a title="" target="|Custom" class="qa-keyprices-cta cta large" href="/zh/methodology/key-commodity-prices">View all key price assessments</a></div></div></div><div class="component ContactForm_contactForm__RusC_ navy"><div class="component-content"><img alt="People at a board room" loading="lazy" width="1600" height="555" 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Because of domestic blending complications, B24 is blended in Hong Kong or Singapore and reimported to Guangzhou for bunkering.\u0026nbsp;\u003c/p\u003e\n\u003cp\u003eThis assessment allows shipowners and bunker suppliers to monitor marine biodiesel price development in China and to compare it with B24 dob Singapore, B24 dob Algeciras-Gibraltar and B30 dob Amsterdam-Rotterdam-Antwerp (ARA) prices.\u003cbr /\u003e\n\u003cbr /\u003e\nUnderstanding the value of marine biodiesel is critical as the industry weighs up decarbonisation options. 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