Chemicals, Polymers
July 08, 2025
Platts proposes to change incoterms for Brazil R-PET assessments
Platts, part of S&P Global Commodity Insights, is proposing to change the incoterm for its price assessments for recycled polyethylene terephthalate in Brazil from Delivery Duty Paid to Delivered at Place, effective Aug. 20.
The proposed change to DAP, which implies that the seller is responsible for delivering the goods to a specified destination, would more accurately represent current trade practices, according to market feedback, and aligns with Platts' methodology that reflects pricing excluding domestic taxes, specifically ICMS, PIS, COFINS and IPI, as detailed in the subscriber note available here.
This change would impact the following daily assessments, along with all associated averages and conversions:
| Symbol | Current name | Proposed name | Current incoterms | Proposed incoterms |
| ALFLB00 | Clear Post-Consumer PET Bottle Bales DDP São Paulo | Clear Post-Consumer PET Bottle Bales DAP São Paulo | DDP | DAP |
| ALFLA00 | Clear Recycled PET Flakes DDP São Paulo | Clear Recycled PET Flakes DAP São Paulo | DDP | DAP |
| ALFLD00 | Green Post-Consumer PET Bottle Bales DDP São Paulo | Green Post-Consumer PET Bottle Bales DAP São Paulo | DDP | DAP |
| ALFLC00 | Green Recycled PET Flakes DDP São Paulo | Green Recycled PET Flakes DAP São Paulo | DDP | DAP |
These assessments were launched on Aug. 12, 2024. Details can be found here.
The assessments are published in Polymerscan, Sustainable Polymerscan and are available on Platts Connect.
Please send all comments, feedback and questions to petchems@spglobal.com and pricegroup@spglobal.com by July 22.
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.