SUBSCRIBER NOTE: Platts to rename CFR Brazil ULSD, jet assessments to clarify US origin

Platts, part of S&P Global Commodity Insights, will rename its CFR Brazil ULSD and jet cargo assessments with effect from Sept. 1, 2023, to clarify the US origin of the products reflected in the prices.

The CFR ULSD and jet cargo assessments were launched in August 2018 and are published daily in $/barrel and Real/cubic meter. They have always been calculated as a net-forward from the US Gulf Coast, based on benchmark Colonial Pipeline market prices, a quality premium to reflect Brazilian specifications and relevant freight costs to five different Brazilian ports.

The words US origin will be added to the names of the assessments to make this methodology more apparent. The underlying methodology and the assessment symbols are not changing and the assessments will continue to be published daily in the same publications as previously.

Full details of the assessment name changes are in the following table:

Current nameSymbolNew name

ULSD S10 Itaqui ($/barrel)BUITA00ULSD Itaqui (US origin) ($/barrel)

ULSD S10 Itaqui (Real/cu m)BUITB00ULSD Itaqui (US origin) (Real/cu m)

ULSD S10 Suape ($/barrel)BUSUA00ULSD Suape (US origin) ($/barrel)

ULSD S10 Suape (Real/cu m)BUSUB00ULSD Suape (US origin) (Real/cu m)

ULSD S10 Aratu ($/barrel)BUARA00ULSD Aratu (US origin) ($/barrel)

ULSD S10 Aratu (Real/cu m)BUARB00ULSD Aratu (US origin) (Real/cu m)

ULSD S10 Santos ($/barrel)BUSAA00ULSD Santos (US origin) ($/barrel)

ULSD S10 Santos (Real/cu m)BUSAB00ULSD Santos (US origin) (Real/cu m)

ULSD S10 Paranagua ($/barrel)BUPAA00ULSD Paranagua (US origin) ($/barrel)

ULSD S10 Paranagua (Real/cu m)BUPAB00ULSD Paranagua (US origin) (Real/cu m)

Jet Itaqui ($/barrel)AJAAB00Jet Itaqui (US origin) ($/barrel)

Jet Itaqui (Real/cu m)AJABB00Jet Itaqui (US origin) (Real/cu m)

Jet Suape ($/barrel)AJAAE00Jet Suape (US origin) ($/barrel)

Jet Suape (Real/cu m)AJABE00Jet Suape (US origin) (Real/cu m)

Jet Aratu ($/barrel)AJAAA00Jet Aratu (US origin) ($/barrel)

Jet Aratu (Real/cu m)AJABA00Jet Aratu (US origin) (Real/cu m)

Jet Santos ($/barrel)AJAAD00Jet Santos (US origin) ($/barrel)

Jet Santos (Real/cu m)AJABD00Jet Santos (US origin) (Real/cu m)

Jet Paranagua ($/barrel) AJAAC00Jet Paranagua (US origin) ($/barrel)

Jet Paranagua (Real/cu m)AJABC00Jet Paranagua (US origin) (Real/cu m)

Please send any comments or questions to americas_products@spglobal.com and pricegroup@spglobal.com.

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