Platts launches half-month average FOB Santos Brazil soybeans June 1

Platts, part S&P Global Commodity Insights, has launched two half-month averages for Platts SOYBEX FOB Santos Brazil soybeans.

The first value will be published on June 15, 2022, with data collected from June 1-15. S&P Global published a proposal for this April 8 and a decision note published on April 29 in subscriber notes.

The calculated values bring greater transparency to the average of the half month daily FOB Santos US dollar per metric ton price assessment, with the associated symbol SYBBB00. The first half-month average is calculated using the daily price from the first to 15th day of the calendar month. The second half-month average is calculated from the 16th to the end of the calendar month. The two average calculations are published in $/mt on Platts Agriculture Alert and under the oilseeds market data category.

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