Chemicals, Polymers
August 18, 2025
Platts changes incoterms for Brazil R-PET assessments
Platts, part of S&P Global Commodity Insights, has changed 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, more accurately represents 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 impacts 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 Aug. 12, 2024. Details can be found here.
The assessments are published in Polymerscan, Sustainable Polymerscan, Platts Connect, and Platts Petrochemical Alert fixed pages 0441, 0574, 0624, 2415, 0441, 0574.
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.
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