Platts to discontinue CIF Marmara wheat (13.5%) coaster assessment

Platts, part of S&P Global Commodity Insights, will discontinue its CIF Marmara wheat (13.5%) coaster assessment (WDPMT00) and its corresponding monthly average (WDPMT03) effective March 19, 2025.

Platts previously proposed this discontinuation on Dec. 6 in a subscriber note available here.

The discontinuation follows the suspension of the assessment on Feb. 24, 2022 following Russia's invasion of Ukraine, and a decline in interest for coasters of 13.5% protein wheat from buyers in the Sea of Marmara since then. Platts understands market participants typically refer to the price for 12.5% protein wheat coasters for any ongoing trade of 13.5% product.

In 2022, Platts suspended the publication of bids, offers, trades, and indicative market values for commodities loading or delivering in the Black Sea: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/022422-platts-to-suspend-publication-of-market-information-for-black-sea-markets

Platts resumed publication of its CIF Marmara wheat 12.5% assessment (AMARA00) in August 2023, following a resumption of trade activity in that market. Details can be found here.

Please send all comments, feedback, and questions to mrts_agricultureandfood@spglobal.com and pricegroup@spglobal.com.

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Platts will consider all comments received and make comments not marked as confidential available upon request.