Argus Open Markets Facilitates First Advanced Fame 0 Trade
Event summary
- Bulgarian producer Astra initiated the first Advanced Fame 0 trade on Argus Open Markets (AOM) on May 28, 2026, buying from Italian company Adamant.
- Advanced Fame 0 is a biodiesel made from advanced feedstocks, excluding palm oil mill effluent (Pome) oil.
- An Argus-settled Advanced Fame 0 fob ARA range futures contract was launched on the Ice exchange last month and has also traded.
- The trade marks a shift towards standalone pricing and hedging instruments for Advanced Fame 0, which has traditionally traded as a differential to Ucome.
The big picture
The first Advanced Fame 0 trade on Argus Open Markets signals a growing demand for price transparency and hedging instruments in the biofuels market. As regulatory mandates evolve, the divergence between Advanced Fame 0 and Ucome is likely to continue, making standalone pricing mechanisms increasingly important. Argus Media's AOM platform is positioning itself as a key player in facilitating these trades, offering streamlined trade initiation and compliance assistance.
What we're watching
- Market Adoption
- How quickly other market participants will embrace the AOM platform for Advanced Fame 0 trades.
- Regulatory Impact
- Whether the EU's renewable fuel mandates will continue to drive divergence in supply-demand fundamentals for different biofuel products.
- Pricing Dynamics
- The pace at which standalone pricing and hedging instruments for Advanced Fame 0 will become the industry standard.