SAF价格周度大幅上涨15%+，原材料端价格仍处高位

Core Insights - The price of Sustainable Aviation Fuel (SAF) has increased by over 15% year-on-year, with the current price at $2600.54 per ton, reflecting a week-on-week increase of 15.06% [1][2] - The price of Hydrotreated Vegetable Oil (HVO) has decreased slightly by 0.24% week-on-week, currently priced at 2320.25 yuan per ton [1][2] - European UCOME prices have risen by 0.63% week-on-week, now at €1295.06 per ton, while Chinese UCOME prices remain stable at $1170.20 per ton [1][2] - Southeast Asian biodiesel prices have increased by 0.44% week-on-week, currently at $1176.25 per ton [1][2] Industry Dynamics - SAF prices have seen a significant increase, with European HVO prices also rising slightly. The current FOB FARAG price for SAF is $2574.25 per ton, indicating a positive trading atmosphere among Central European SAF traders [3] - Ireland has announced a Sustainable Aviation Fuel Development Roadmap, aiming for a mandatory SAF supply ratio of 2% by 2025, 6% by 2030, and 20% by 2035 [3] - Malaysia plans to start producing SAF by the end of 2025 and is revising its National Biofuel Policy to include SAF as a strategic component [3][4] Investment Recommendations - The global biodiesel market is expected to see growth due to the demand for bio-jet fuel and bio-marine fuel, alongside the cancellation of export VAT refunds for raw materials [4] - Companies with significant biodiesel or raw material production capacity, such as Zhuoyue New Energy, Jiaao Environmental Protection, Shanggou Environmental Energy, Haineng Science and Technology, and Langkun Environment, are recommended for attention [4]