While ICE LSGO front-month prices have closed the month near flat, biodiesel prices fell, narrowing premiums over gasoil for FAME 0 FOB ARA by $293.25/mt to $245.25/mt on the month to March 23, RME by $336.25/mt to $296.50/mt, and UCOME by $332.25/mt to $430.75/mt.Įuropean biodiesel volatility has been linked to low diesel demand throughout the winter, as well as responses to macroeconomic uncertainty after the collapse of SVB bank in the US.įeedstock prices have not reacted as quickly to weaker biofuel demand, but poor demand may start to sink through as traders and brokers have reported weak demand for UCO since the beginning of the year. The wide premium to conventional propane was a disincentive to demand, sources said. This was up from $2,583.25/mt or a $2,066/mt premium from the previous day but down from a $2,087/mt premium from the previous week.
Platts, a part of S&P Global Commodity Insights assessed the bio-propane market at $2,610.50/mt or a $2,082/mt premium to the conventional CIF NWE large cargo assessment on March 23. Its maximum altitude is 40,000 feet, and can last 10 hours at 30,000 feet, he added, which its cruise speed is 250 knots (288 mph) with a top speed of 425 knots (489 mph).Receive daily email alerts, subscriber notes & personalize your experience. According to the CEO, the Anka-3 will have a maximum takeoff weight of 6,500 kilograms (14,330 pounds) and a payload capacity of 1,200 kilograms (2,646 pounds). Kotil also discussed technical specifications of the drone during his presentation at the event. The inaugural flight is scheduled for the same month.” The ANKA-3′s engine will be powered up in April 2023, and the taxi service will begin. “The first prototype’s structural assembly was completed in January 2023, and ground tests are currently underway. “The new unmanned aerial vehicle (UCAV) will be outfitted with the same aviation infrastructure and ground control station as the ANKA drones,” TAI said in a statement. At the Border Security Summit held March 21-22 in Ankara, TAI chief executive Temel Kotil said the Anka-3 has begun ground tests ahead of plans for its maiden flight.
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