Platts increases maximum volume for Brazil biodiesel from May 2

Platts, part of S&P Global Commodity Insights, has updated the maximum volume for its Brazil Biodiesel DAP Paulinia daily assessment, effective May 2, 2024.

Platts has increased the maximum volume of biodiesel reflected in its Brazil DAP Paulinia assessment to 500 cu m from 250 cu m previously. The minimum volume remains 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 daily assessment s impacted are as follows :

• ABPLA00 Brazil Biodiesel DAP Paulinia BRL/CBM
• ABPLB00 Biodiesel DAP Paulinia $/mt

The update reflects the increasing volumes typically traded in the spot market, aligned with the current blend percentage volume of 14% and future increases in mandatory blending of biodiesel in diesel.

This update follows a proposal note published on February 20, available here.

A decision to update the maximum volume for the daily Brazil biodiesel assessment was published on April 4, 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.