Refined Products, Diesel-Gasoil

August 22, 2025

Platts to discontinue ULSD DAP South Brazil assessments from Nov. 3, 2025

Platts, part of S&P Global Commodity Insights, will discontinue ULSD DAP assessments for cargoes delivered to South Brazil effective Nov. 3, 2025. The discontinuation follows the decision to launch new port-specific all-origin assessments, which will streamline the Platts suite of assessments in the region while providing great transparency to diesel cargoes delivered on a DAP basis to Paranagua, Santos, Itaqui, Suape and Aratu respectively, in Brazil.

Platts currently assesses ULSD from all origins, including Russia, meeting Brazil's specifications in 250,000-350,000 barrel cargoes for delivery 15-30 days forward from the day of assessment on a DAP basis to Paranagua and Santos in South Brazil.

Platts will assess the value of ULSD from all origins arriving on a DAP basis at the ports of Paranagua and Santos independently from Sept. 15, 2025. More details on the launch of new Brazil DAP gasoline and ULSD cargo assessments can be found here: Platts to launch new Brazil DAP gasoline, diesel cargo assessments Sept. 15 | S&P Global.

Platts first proposed to discontinue its ULSD DAP South Brazil assessments Aug. 8, in a subscriber note available here: Platts proposes discontinuation of ULSD DAP South Brazil assessments from Nov. 3, 2025 | S&P Global.

The Platts symbols affected by this discontinuation, as well as their corresponding weekly and monthly averages, are as follows:

SymbolDescription
AULDA00ULSD DAP South Brazil (All-Origin) $/bbl
AULDA00ULSD DAP South Brazil (All-Origin) $/bbl
AULDC00ULSD DAP South Brazil (All-Origin) vs NYMEX cts/gal
AULDD00ULSD South Brazil Spread (US vs All-Origin) cts/gal
AULDE00ULSD South Brazil Spread (US vs All-Origin) $/bbl

Platts launched the ULSD DAP South Brazil (All-Origin) assessment and related spreads on Sept. 1, 2023. More details can be found here.

The assessments appear on Platts Global Alert and Platts Refined Products pages 24, 164, 170, 165, 471, 24 and 2040.

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

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