Platts launches weekly Karachi ethanol assessments May 12

Platts, part of S&P Global Commodity Insights, has launched three new weekly Platts FOLicht Ethanol FOB Karachi price assessments, effective May 12, 2025.

This launch was first announced in a subscriber note published March 21, found here https://www.spglobal.com/commodity-insights/en/pricing-benchmarks/our-methodology/subscriber-notes/032125-platts-to-launch-new-weekly-karachi-ethanol-assessments-may-5-2025

Platts three FOB Karachi ethanol assessments are:

• Platts FOLicht Ethanol, FOB Karachi Extra Neutral Alcohol (ASEFA04)
• Platts FOLicht Ethanol, FOB Karachi Industrial grade (ASEFB04)
• Platts FOLicht Ethanol, FOB Karachi Anhydrous grade (ASEFC04)

Platts currently publishes weekly FOB Karachi Anhydrous, ENA, and industrial-grade ethanol prices in the World Ethanol Price report. Platts has adopted the current price specifications and updated the coverage to reflect Platts' methodology.

The three cargo assessments reflect cargo loading 30-45 days forward from the week of publication, basis FOB Karachi port, Pakistan. Pricing information for other Pakistan ports may be considered, but would be normalized back to the basis location. The assessments reflect a cargo size of 2,000-3,000 mt; other volumes may be taken into consideration but would be normalized back to 2,000-3,000 mt.

The FOB Karachi assessments reflect a letter of credit at sight up to 30 days from the date of the transaction. For deals with usance of greater than 30 days, the value of the extra credit allowance will be normalized.

The ethanol quality and purity reflected in the assessments are:

• ENA: undenatured extra neutral alcohol with 96% alcohol by volume
• Industrial grade: undenatured industrial grade ethanol with 95% alcohol by volume
• Anhydrous grade: anhydrous grade ethanol with 99.7%-99.9% alcohol by volume

These assessments can be found in the Platts weekly Fuel ethanol report, Platts Biofuels Alert page 2213, and in the World Ethanol Price report.

Platts spot price assessments consider market information reported to Platts and published throughout the week, including firm bids and offers, transactions, and indications of value. This information will be published as price heards.

In the absence of observable spot market activity, Platts may consider other verifiable data reported.

The assessments are time-stamped to 4:30 pm Singapore time on Mondays and follow the Platts India publishing schedule.

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