SUBSCRIBER NOTE: Platts to assess FAME -10 biodiesel FOB ARA as fixed calculation

Effective July 14, Platts will assess non-RED and RED FAME -10 biodiesel using a fixed calculation based on FAME 0, RME, PME and SME assessments. This decision follows a period of industry feedback begun May 2. The assessments affected by this change will be AAWGY00 - Biodiesel FAME -10 FOB ARA Barge and AAWGH00 - Biodiesel FAME -10 (RED) FOB ARA Barge. Platts will determine the non-RED and RED FAME -10 assessments as the most competitive method of replacement using the ratios of blendstocks in the following table, plus a $5/mt logistic cost. Should the assessment for RED or non-RED RME be lower than the corresponding FAME -10 replacement calculation, then logistical costs will be ignored. Blendstock ratios: 1. 10% FAME 0 and 90% RME 2. 15% SME and 85% RME 3. 8% PME and 92% RME

The logistical costs reflect recirculation and retesting costs. In the event that price indications for FAME -10 are received, then Platts may also reflect those in the assessments. Please send comments and feedback to europe_ags@platts.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.