Platts proposes launch of 12.5% protein CIF Marmara wheat assessment

In line with the continued development of a liquid market for delivered 12.5% protein wheat in Turkey, Platts is proposing the launch of a 12.5% protein CIF Marmara wheat coasters assessment, to sit alongside its existing Black Sea coasters assessments suite, effective October 18th 2021.

Platts receives regular price indications on the 12.5% protein CIF Marmara market, which is part of a larger Black Sea wheat coasters market currently represented by Platts assessments of 12.5% FOB Azov (WRASS00) and 13.5% CIF Marmara wheat (WDPMT00). These values are linked by the Azov-Marmara freight rate and the CIF Marmara protein spread.

A 12.5% protein CIF Marmara wheat assessment would provide greater transparency in this group of interrelated markets, and would expand Platts coverage to include what is now the most liquid of the three markets.

Please send all feedback, comments or questions to europe_ags@spglobal.com and pricegroup@spglobal.com by Aug. 27, 2021.

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 to the public upon request.