Platts to launch new DDGS CFR Southeast Asia assessment, April 1, 2024

Platts, part of S&P Global Commodity Insights, will launch a new daily assessment for Distillers Dried Grains with Solubles (DDGS), in Southeast Asia, on April 1, 2024.

The new calculated assessment will be basis CFR Saigon port in Ho Chi Minh City, Vietnam, using the Platts assessment for DDGS delivered in Chicago (ACDDG00) and an internal assessment of transloading and freight costs, based on routing through US West Coast ports of Long Beach, Los Angeles, California and the Pacific Northwest. The assessment will be basis freight costs to Saigon port in Ho Chi Minh City, Vietnam, but exclusive of costs for port specific requirements such as fumigation.

It will represent export quality specifications that match the Platts DDGS delivered Chicago (ACDDG00) assessment loaded in 40-foot shipping containers calculated delivered to Southeast Asian ports six weeks forward. Quality details for the Platts DDGS delivered Chicago (ACDDG00) assessment are listed in Platts Specifications Guide for Global Biofuels, available here.

The new assessment was proposed by Platts in a subscriber note published on Feb. 16, 2024 and be found here.

Please send any feedback, questions or comments on the change to MRTS_AgricultureandFood@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.