Platts proposes to update its Asian UCOME assessment specifications

Platts, part of S&P Global Commodity Insights, proposes to update some of the specifications reflected in its assessment of UCOME FOB China (UCFCA00) in light of feedback from market participants during its Asia Biodiesel and Feedstock roundtable held on Jan. 11 in Singapore, with effect from Jan. 26.

Platts proposes to remove water content of 350ppm maximum from the specifications, as it is already defined in the EN 12412 quality standard, and add Monoglyceride Content of 0.3% maximum to the specifications.

Furthermore, Platts also proposes to specify that the assessment reflects cargoes loading from main ports located in the North China region.

Platts will continue to review these specifications as the market continues to evolve, including during its annual review of the Global Biofuels Specifications Guide.

Please send any comments, feedback or questions to asia_ags@spglobal.com and pricegroup@spglobal.com by Jan. 19.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

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