Platts to remove PME from FAME-10 FOB ARA calculation from May 27

Platts, part of S&P Global Commodity Insights, will amend the methodology it uses to calculate the FAME-10 FOB ARA assessment to better reflect blend stock ratios in the market, effective May 27.

Platts will remove the Palm Methyl Ester FOB Amsterdam Rotterdam Antwerp (AAXNY00) biodiesel assessment from the calculation of FAME-10 FOB ARA (AAWGH00) assessment due to limited use of PME in the European markets, including for the blending of FAME-10.

Platts will therefore base the FAME-10 calculation on the following two paths based on economic viability:

10% FAME and 90% RME (AAXNT00 and AAXNU00)

15% SME and 85% RME (AAXNX00 and AAXNU00)

Platts first proposed these changes on March 21, in a subscriber note available here.

Please submit any feedback, comments, or questions about this proposal to mrts_biofuelsandfeedstocks@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.