Platts proposes to launch a CIF Paulinia ethanol assessment, Aug. 1, 2024

Platts, part of S&P Global Commodity Insights, proposes to launch a daily, delivered Paulinia ethanol price assessment, effective Aug. 1,2024.

The delivered ethanol assessment would take into consideration both sugar cane and corn-based ethanol to better reflect the changing trade flows in the domestic Brazilian ethanol market.

The assessment would reflect standard ANP hydrous quality ethanol, delivered CIF into Paulinia. Platts would also consider ethanol delivered into Guarulhos, but may normalize back to a Paulinia basis.

The CIF Paulinia assessment would reflect a minimum volume of 500 cubic meters and maximum of 1,500 cu m, for delivery one to 15 days forward from the date of publication. Volumes outside this range may be normalized to reflect the assessed 500-1,500 cu m range.

The price would be published in Real per cubic meter and include the ICMS tax, as well as the PIS/Cofins tax.

The assessments would consider market information reported to Platts and published as heards throughout the day, including firm bids and offers, trades and indicative values, as well as any other data deemed relevant to the assessment process.

The assessments would reflect a 1630 Sao Paulo time market close and would follow the Platts Sao Paulo publishing schedule.

Please submit any feedback, comments, or questions about this proposal to mrts_biofuelsandfeedstocks@spglobal.com, and pricegroup@spglobal.com by June 28.

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.