Platts to update Malaysia POME assessment laycan and specifications

Platts, part of S&P Global Commodity Insights, will update its Asia Palm Oil Mill Effluent (POME) FOB Malaysia assessment (APOMB00), effective July 1, 2025, to reflect the recent quality and loading laycan of POME traded in the spot market.

The decision follows a period of market feedback and alongside Platts observation that the maximum free fatty acids (FFA) value for Asia POME has been falling. This is due to the market practice of collecting fresher POME with a lower FFA value from palm oil mills. Therefore, Platts will update its POME FOB Malaysia assessment to reflect a FFA of maximum 50%.

Other quality specifications will remain unchanged.

Platts will also narrow the loading period for its POME, FOB Malaysia assessment to better reflect changed trading norms.

The assessment will reflect POME cargoes loading during a 45-day period covering three half months, starting 15 days forward from the date of publication. The assessment laycan will roll over to the next 45 days on the 1st and 16th of each month, or the first publishing day after if they fall on the weekend or a public holiday.

For example, on Aug. 1, 2025, the Platts POME FOB Malaysia assessment will reflect cargoes loading Aug. 16 to Sept. 30, reflecting H2 August, H1 September and H2 September. On Aug. 18, 2025, the assessment will reflect cargoes loading in H1 September, H2 September and H1 October.

The updates to the assessment laycan and quality specifications are summarized in the table below:

Asia POME FOB Malaysia (APOMB00)

The assessments are published on Platts Biofuels Alert pages PBF 2310, 2311, and 2312, in daily Platts Biofuelscan and Weekly Biomass-BasedDiesel Report.

Platts FOB Indonesia POME assessment publication is currently suspended (opens in a new tab)due to the export restrictions of POME from Indonesia.

Platts initially proposed the update on June 3, here: Platts proposes updates to Malaysia POME assessment laycan and specifications(opens in a new tab).

Platts continuously reviews its assessment methodology and seeks to reflect the most up-to-date specifications observed for its market coverage.

The full Global Biofuels methodology & specifications guide can be found at https://www.spglobal.com/commodityinsights/en/our-methodology/methodology-specifications/agriculture/biofuels-methodology(opens in a new tab).

Please send all feedback, comments and questions to MRTS_biofuelsandfeedstocks@spglobal.com and pricegroup@spglobal.com.

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