Alkagesta Joins Argus Open Markets for European Biodiesel, HVO, and UCO

Malta-based commodity trading firm Alkagesta announced on 29 August 2026 that it has secured access to the Argus Open Markets window for European Biodiesel, Hydrotreated Vegetable Oil (HVO), and Used Cooking Oil (UCO). This development signifies a further step in the company's involvement with price assessment mechanisms within the sustainable fuels sector, as reported by Alkagesta.

Argus Media, an independent provider of price assessments and market intelligence, operates globally with a presence in 32 commodity trading hubs. Participation in its Open Markets window allows firms to submit bids, offers, and transactions, which are then considered in Argus's price assessment process. These assessments serve as benchmarks for producers, traders, and end-users in European biofuels markets.

Expanding Biofuels Market Presence

Alkagesta's entry into the Argus window is attributed to the commercial activity and scale achieved by its biofuels trading desk since its inception in 2025. The desk's operations encompass UCO origination, trading of biodiesel and HVO, activities in ISCC-certified sustainable aviation fuel, and involvement with EU Emissions Trading System (ETS) allowances.

Anthony Guida, Biofuels Trading Desk Lead at Alkagesta, commented on the development: “Becoming an active participant in the Argus window for biofuels will allow Alkagesta to boost market liquidity and enhance the accuracy of the Argus price assessments. This will drive transparency in the market and accelerate the overall adoptions of biofuels.”

Broader Engagement in Price Assessments

This move into the Argus biofuels window follows Alkagesta's earlier approval to participate in the Platts Market on Close (MOC) assessment process for EMEA naphtha physical. These engagements underscore the company's expanding presence across commodity price assessment processes, covering both traditional petroleum products and sustainable fuels markets.

Source: Alkagesta