08 Apr 2024 | 19:12 UTC

Platts to increase maximum volume for Brazil biodiesel from May 2

Platts, part of S&P Global Commodity Insights, will update the maximum volume for its Brazil Biodiesel daily price assessment, effective May 2.

Platts will increase the maximum volume of biodiesel reflected in its Brazil DAP Paulinia assessment to 500 cu m from 250 cu m. The minimum volume will remain at 100 cu m. Any indications for biodiesel outside this range may be included in the assessment process but may be normalized to reflect the assessed range.

The assessment impacted is the Brazil Biodiesel DAP Paulinia published under symbols bellow:

  • ABPLA00 Brazil 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 update will reflect the increasing volumes typically traded in the local spot market .

The proposal for this was initially published Feb. 20, available here.

Please send any further feedback, questions or comments on this decision to mrts_biofuelsandfeedstocks@spglobal.com, copying 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.