Platts clarifies taxes included in Brazilian biodiesel assessment DAP Paulinia

S&P Global Platts would like to clarify that the Brazilian biodiesel assessment, launched Nov. 3, 2021, includes the federal Pis and Cofins taxes at Real 148/cu m and excludes any state taxes.

This follows the trading norms in the Brazilian biodiesel market imposed since January 2022, wherein producers are selling directly to fuel distributors, without Petrobras' intermediation and not including any state tax in the invoices released for distributors.

Platts continues to invite feedback on the growing biodiesel market in Brazil, including any changes in the regulatory or tax environments.

The assessment basis is DAP Paulinia, Sao Paulo state, and is published in the Platts price database under the following symbols:

ABPLA00 Biodiesel DAP Paulinia BRL/CBM

ABPLA04 Biodiesel DAP Paulinia BRL/CBM WAvg

ABPLA03 Biodiesel DAP Paulinia BRL/CBM MAvg

ABPLB00 Biodiesel DAP Paulinia $/mt

ABPLB04 - Biodiesel DAP Paulinia $/mt WAvg

ABPLB03 - Biodiesel DAP Paulinia $/mt MAvg

The assessment is also published on the following Platts Biofuels Alert pages:

Daily: PBF0010, PBF0220

Weekly average: PBF0221

Monthly average: PBF0011

Please send any feedback to americas_ags@spglobal.com and pricegroup@spglobal.com.

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