26 Jun 2024 | 21:48 UTC

Platts to change publishing schedule for Asia Palm, POME and PME assessments

Platts, part of S&P Global Commodity Insights, will update the publishing schedule for its Asia Palm, POME and PME assessments to include additional Malaysian national holidays, with effect from July 26, 2024.

This decision follows a proposal published May 15, in a subscriber note available here.

In addition to the current Singapore publishing schedule, the Platts Asia Palm, POME and PME prices will not be published on the Malaysian holidays of Agong's Birthday, Penang Governor's Day, Merdeka Day and Malaysia Day.

Platts would also adopt a Malaysia Time timestamp for its Asia Palm, POME and PME coverage. This change is to align the calendar with one of the largest palm producers globally and reflect the geographic focus of the palm industry.

The following assessments will be affected by this change in publishing schedule:

Assessment Name Assessment Code
CPO CFR WC India Mo01 ACPOE00
CPO CFR WC India Mo02 ACPOB00
CPO FOB Indonesia Mo01 ACPOD00
CPO FOB Indonesia Mo02 ACPOA00
RBDP Stearin FOB Indonesia Mo01 ARBSB00
RBDP Stearin FOB Indonesia Mo02 ARBSA00
PFAD FOB Indonesia Mo01 APFAE00
PFAD FOB Indonesia Mo02 APFAD00
Asia POME FOB Indonesia APOMA00
Asia POME FOB Malaysia APOMB00
Biodiesel FOB SE Asia $/Mt AAVSV00
PME vs Crude Palm Oil $/mt UCFCE00

Further information on Platts pricing holiday schedule can be found here.

Bids, offers, trades and indicative values would only be considered for the assessment if they are received before the 1800 Malaysia Time cutoff.

Please send any further questions and comments to MRTS_biofuelsandfeedstocks@spglobal.com and pricegroup@spglobal.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.