This episode reviews Week 43 biodiesel highlights: U-C-O-M-E up about 3% to $1,515 per metric ton and F-A-M-E zero up about 1% to $1,349 per metric ton, with stronger L-S-G-O and a roughly 4% Brent bounce supporting values. We break down Germany’s potential end to double counting advanced biofuels under R-E-D three from January 1, 2026, the implications for H-V-O-s, and why U-C-O prices are firmer—up in both the Netherlands and China—on rising S-A-F demand. We also cover China’s S-A-F export push, quotas for three refiners, and detailed U-C-O export flows by destination, plus a quick check on tallow easing about 1% as supply outweighs demand through Q four.

Thanks for listening. For the full market analysis and real-time biodiesel prices and forecasts, go to vespertool.com. See you in two weeks!