Platts proposes launch of CFR Indonesia Granular Sulphur assessment

Platts, part of S&P Global Commodity Insights, is seeking feedback on its proposal to launch a weekly assessment for Granular Sulphur on a CFR Indonesia basis.

The proposed assessment would be published in the Fertecon Sulphur Weekly Report. The assessment is designed to capture growing sulphur flows into Indonesia to support the expansion of the Indonesia nickel processing industry.

Platts proposes to start publishing the CFR Indonesia Granular Sulphur Assessment on July 13, 2023.

The specifications for the proposed assessment are as follows:

Quality: Granular sulphur in bulk

Quantity: Minimum 35,000-50,000 mt

Basis and location: CFR Indonesia basis Gresik; ports in Indonesia handling Sulphur cargoes, namely: Bahodopi, Obi Island, Weda Bay

Timing: Loading up to three months forward

Frequency: Weekly, Thursdays

Appears in: Sulphur Weekly Report

Unit of assessment: US dollars per metric ton

Platts is seeking feedback on all aspects of this proposal, but particularly on the most suitable basis port and appropriate vessel size to be assessed.

Please send any feedback or questions to fertilizer@spglobal.com and pricegroup@spglobal.com by June 15, 2023.

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.