Platts to move MOC timestamp for FOB Australia phosphate assessment

Platts has amended the first decision note, published Jan. 30, as follows:

• Platts, part of S&P Global Commodity Insights, will change the timestamp of the weekly FOB Australia phosphate assessment to 16:30 Penang time from 16:30 London time, effective Feb. 27.

The proposal note for the change, first published Jan. 15, can be found here. The change is intended to better capture the concentration of trading activity in the Asian fertilizer markets.

The change applies to the following weekly assessment:

Diammonium Phosphate FOB Australia $/mt Wkly (FDPBI04)

The assessment appears in the Phosphate Market Report and is available via Platts Connect with a 16:30 Thursday Penang timestamp.

Full details of Platts Fertilizer coverage can be found in the Specifications Guide available here.

As part of this decision, the assessment will also follow a Penang holiday calendar, moving from a London holiday calendar at present. Further information on Platts pricing holiday schedule can be found here.

As of Feb. 27, bids, offers, trades, and indicative values will only be considered for the assessment if received before the 16:30 Penang time cut-off.

If the weekly publication day falls on public holidays in Penang, Asia assessments are typically published the preceding working day.

For example, the Phosphate Market Report is published on Thursdays.

As May 1, 2025, is a Thursday and a public holiday in Penang, the Australia phosphate assessment and commentary will be produced and published on Platts Connect and the Connect Data Browser on April 30.

They will appear in the weekly Phosphate Market Report, published on May 1, alongside EMEA and Americas content generated on May 1.

Please send any feedback, questions, and comments to fertilizer@spglobal.com and pricegroup@spglobal.com.

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.