SUBSCRIBER NOTE: Platts update CS Brazil ethanol assessment credit terms, volume.

Effective April 1, 2019, S&P Global Platts will update the assessment methodology for volumes and standard payment conditions for Brazilian hydrous and anhydrous ethanol domestic assessments.

The Anhydrous ANP domestic ex-mill Ribeirao with taxes assessment and the Hydrous ANP domestic ex-mill Ribeirao with taxes assessment will reflect a minimum volume of 500 cu m and maximum of 1,500 cu m, to better reflect the spot market.

Other volumes may be considered but would be normalized back to the reference range.

Platts will also update the payment conditions to: payment on the day of the product transfer to 10 days after the transfer.

The assessments appear in the Platts database AAXNN00 and AAXNQ00, respectively, and are published on the Platts Biofuels Alert service page 223 and in the Platts Biofuelscan report.

Platts welcomes all further feedback and questions to americas_ags@spglobal.com with a cc to pricegroup@spglobal.com.

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