Chemicals, Polymers
July 24, 2025
Platts to change incoterms for Brazil R-PET assessments
Platts, part of S&P Global Commodity Insights, will change the incoterm for its price assessments for recycled polyethylene terephthalate (R-PET) in Brazil from Delivery Duty Paid (DDP) to Delivered at Place (DAP), effective Aug. 20, 2025.
The change to DAP, which implies that the seller is responsible for delivering the goods to a specified destination, will more accurately represent current trade practices, according to market feedback, and align 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 will impact the following daily assessments, along with all associated averages and conversions:
| Symbol | Current name | Revised name | Current incoterm | Revised incoterm |
| 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.
The decision follows a proposal note published July 8, 2025, available here.
Please send all comments, feedback and questions to petchems@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.