Platts proposes to launch US Gulf Coast tallow price assessment, June 2

Platts, part of S&P Global Commodity Insights, proposes to launch a daily price assessment for tallow in the US Gulf Coast region, effective June 2, 2025.

The US Gulf Coast has become an increasingly important hub for both domestic trade and the imports of waste feedstocks.

As such, Platts is proposing to launch a new assessment for tallow in the US Gulf Coast area.

The assessment would reflect the manifest rail market, with a minimum volume of five rail cars delivered at place (DAP) 15-45 days forward from the date of publication. It would reflect a maximum of 15% free fatty acids (FFA) and a maximum of 3% moisture, impurities, and unsaponifiable (MIU).

The assessment would consider market information reported to Platts and published as heards throughout the day, including firm bids and offers, trades, and indicative values, as well as any other data deemed relevant to the assessment process.

These assessments would be published as an outright price in US cents/lb, at 13:30 pm Houston time market close and would follow the Platts US publishing schedule.

Please submit any feedback, comments, or questions about this proposal to mrts_biofuelsandfeedstocks@spglobal.com and pricegroup@spglobal.com by April 30, 2025.

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.