Platts to launch Indonesia domestic POME assessment, effective Aug 1

Platts, part of S&P Global Commodity Insights, will launch a daily assessment for Indonesia domestic palm oil mill effluent (POME), effective Aug. 1, 2025.

Indonesia produces approximately 2 million mt/year of POME, according to data from S&P Global Commodity Insights. As the country increases the biodiesel blend in road transportation, it has largely reduced the export of POME and kept its production for the domestic market. The new assessment will reflect domestic POME spot prices in this important market.

The Indonesia POME domestic assessment will reflect a free fatty acid (FFA) value of a maximum of 50%, a moisture and impurities content of a maximum of 3%, and a total fatty matter (TFM) of a minimum of 95%.

The assessment will reflect a cargo size of 100 to 2,000 mt, loading one to seven days forward from the date of publication on a delivered-at-place (DAP) Dumai, Sumatra Island, basis. It will also consider cargoes delivering to other locations in Sumatra Island, including Belawan, Palembang, Lampung, and Aceh, but may be normalized back to the basis location of Dumai.

Other volumes may also be considered by normalizing back to the stated volume specifications. The assessment will reflect cargo values inclusive of a 12% value-added tax.

The assessment will have the following specifications:

The assessment will be published in Indonesian rupiah/kg (IDR/kg) and converted to a US dollar/mt equivalence using the Platts assessed US dollar-IDR exchange rate (IDRUS00).

The exchange rate follows the Singapore publishing calendar; Platts will use the last published exchange rate to derive the US dollar/mt conversion during Singapore holidays.

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

The new daily Indonesia POME domestic assessment will reflect a 4:30 pm Penang time market close and follow the Penang publishing schedule.

Platts initially proposed the launch on Jun. 3, here: https://www.spglobal.com/commodity-insights/en/pricing-benchmarks/our-methodology/subscriber-notes/060325-platts-proposes-to-launch-indonesia-domestic-pome-assessment-aug-1 .

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

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