Agriculture, Energy Transition, Refined Products, Biofuel, Vegetable Oils, Renewables, Jet Fuel

September 01, 2023

Platts updates name of cost-based SAF prices

Platts, part of S&P Global Commodity Insights updates the name of its sustainable aviation fuel prices that are based on the cost of production to differentiate these prices from any market based SAF assessments, effective from Sept. 1.

The calculation method and specifications for these assessments will remain unchanged.

The following SAF prices, will be renamed:

Current names Names effective Sept. 1
ASMAB00 Sustainable Aviation Fuel (PFAD) Southeast Asia $/bbl (Mirrored) ASMAB00 Sustainable Aviation Fuel Cost of Production (PFAD) Southeast Asia $/bbl (Mirrored)
ASMAB03 Sustainable Aviation Fuel (PFAD) Southeast Asia $/bbl MAvg (Mirrored) ASMAB03 Sustainable Aviation Fuel Cost of Production (PFAD) Southeast Asia $/bbl MAvg (Mirrored)
ASMAA00 Sustainable Aviation Fuel (PFAD) Southeast Asia $/mt (Mirrored) ASMAA00 Sustainable Aviation Fuel Cost of Production (PFAD) Southeast Asia $/mt (Mirrored)
ASMAA03 Sustainable Aviation Fuel (PFAD) Southeast Asia $/mt MAvg (Mirrored) ASMAA03 Sustainable Aviation Fuel Cost of Production (PFAD) Southeast Asia $/mt MAvg (Mirrored)
ASMAD00 Sustainable Aviation Fuel (UCO) North Asia $/bbl (Mirrored) ASMAD00 Sustainable Aviation Fuel Cost of Production (UCO) North Asia $/bbl (Mirrored)
ASMAD03 Sustainable Aviation Fuel (UCO) North Asia $/bbl MAvg (Mirrored) ASMAD03 Sustainable Aviation Fuel Cost of Production (UCO) North Asia $/bbl MAvg (Mirrored)
ASMAC00 Sustainable Aviation Fuel (UCO) North Asia $/mt (Mirrored) ASMAC00 Sustainable Aviation Fuel Cost of Production (UCO) North Asia $/mt (Mirrored)
ASMAC03 Sustainable Aviation Fuel (UCO) North Asia $/mt MAvg (Mirrored) ASMAC03 Sustainable Aviation Fuel Cost of Production (UCO) North Asia $/mt MAvg (Mirrored)
BJNWE00 Sustainable Aviation Fuel EXW NWE $/bbl BJNWE00 Sustainable Aviation Fuel Cost of Production EXW NWE $/bbl
BJNWE03 Sustainable Aviation Fuel EXW NWE $/bbl MAvg BJNWE03 Sustainable Aviation Fuel Cost of Production EXW NWE $/bbl MAvg
BJNWD00 Sustainable Aviation Fuel EXW NWE $/mt BJNWD00 Sustainable Aviation Fuel Cost of Production EXW NWE $/mt
BJNWD03 Sustainable Aviation Fuel EXW NWE $/mt MAvg BJNWD03 Sustainable Aviation Fuel Cost of Production EXW NWE $/mt MAvg
BJNWF00 Sustainable Aviation Fuel EXW NWE Eur/mt BJNWF00 Sustainable Aviation Fuel Cost of Production EXW NWE Eur/mt
BJNWF03 Sustainable Aviation Fuel EXW NWE Eur/mt MAvg BJNWF03 Sustainable Aviation Fuel Cost of Production EXW NWE Eur/mt MAvg
ASAFG00 Sustainable Aviation Fuel w/ Credits USWC $/bbl (Mirrored) ASAFG00 Sustainable Aviation Fuel Cost of Production w/ Credits USWC $/bbl (Mirrored)
ASAFG03 Sustainable Aviation Fuel w/ Credits USWC $/bbl MAvg (Mirrored) ASAFG03 Sustainable Aviation Fuel Cost of Production w/ Credits USWC $/bbl MAvg (Mirrored)
ASAFC00 Sustainable Aviation Fuel w/ Credits USWC $/mt (Mirrored) ASAFC00 Sustainable Aviation Fuel Cost of Production w/ Credits USWC $/mt (Mirrored)
ASAFC03 Sustainable Aviation Fuel w/ Credits USWC $/mt MAvg (Mirrored) ASAFC03 Sustainable Aviation Fuel Cost of Production w/ Credits USWC $/mt MAvg (Mirrored)
ASAFK00 Sustainable Aviation Fuel w/ Credits USWC cts/gal (Mirrored) ASAFK00 Sustainable Aviation Fuel Cost of Production w/ Credits USWC cts/gal (Mirrored)
ASAFK03 Sustainable Aviation Fuel w/ Credits USWC cts/gal MAvg (Mirrored) ASAFK03 Sustainable Aviation Fuel Cost of Production w/ Credits USWC cts/gal MAvg (Mirrored)
ASAFH00 Sustainable Aviation Fuel w/o Credits USWC $/bbl (Mirrored) ASAFH00 Sustainable Aviation Fuel Cost of Production w/o Credits USWC $/bbl (Mirrored)
ASAFH03 Sustainable Aviation Fuel w/o Credits USWC $/bbl MAvg (Mirrored) ASAFH03 Sustainable Aviation Fuel Cost of Production w/o Credits USWC $/bbl MAvg (Mirrored)
ASAFD00 Sustainable Aviation Fuel w/o Credits USWC $/mt (Mirrored) ASAFD00 Sustainable Aviation Fuel Cost of Production w/o Credits USWC $/mt (Mirrored)
ASAFD03 Sustainable Aviation Fuel w/o Credits USWC $/mt MAvg (Mirrored) ASAFD03 Sustainable Aviation Fuel Cost of Production w/o Credits USWC $/mt MAvg (Mirrored)
ASAFL00 Sustainable Aviation Fuel w/o Credits USWC cts/gal (Mirrored) ASAFL00 Sustainable Aviation Fuel Cost of Production w/o Credits USWC cts/gal (Mirrored)
ASAFL03 Sustainable Aviation Fuel w/o Credits USWC cts/gal MAvg (Mirrored) ASAFL03 Sustainable Aviation Fuel Cost of Production w/o Credits USWC cts/gal MAvg (Mirrored)
ASFAB00 Sustainable Aviation Fuel (PFAD) Southeast Asia $/bbl ASFAB00 Sustainable Aviation Fuel Cost of Production (PFAD) Southeast Asia $/bbl
ASFAB03 Sustainable Aviation Fuel (PFAD) Southeast Asia $/bbl MAvg ASFAB03 Sustainable Aviation Fuel Cost of Production (PFAD) Southeast Asia $/bbl MAvg
ASFAA00 Sustainable Aviation Fuel (PFAD) Southeast Asia $/mt ASFAA00 Sustainable Aviation Fuel Cost of Production (PFAD) Southeast Asia $/mt
ASFAA03 Sustainable Aviation Fuel (PFAD) Southeast Asia $/mt MAvg ASFAA03 Sustainable Aviation Fuel Cost of Production (PFAD) Southeast Asia $/mt MAvg
ASFAD00 Sustainable Aviation Fuel (UCO) North Asia $/bbl ASFAD00 Sustainable Aviation Fuel Cost of Production (UCO) North Asia $/bbl
ASFAD03 Sustainable Aviation Fuel (UCO) North Asia $/bbl MAvg ASFAD03 Sustainable Aviation Fuel Cost of Production (UCO) North Asia $/bbl MAvg
ASFAC00 Sustainable Aviation Fuel (UCO) North Asia $/mt ASFAC00 Sustainable Aviation Fuel Cost of Production (UCO) North Asia $/mt
ASFAC03 Sustainable Aviation Fuel (UCO) North Asia $/mt MAvg ASFAC03 Sustainable Aviation Fuel Cost of Production (UCO) North Asia $/mt MAvg
BJNWB00 Sustainable Aviation Fuel EXW NWE $/bbl BJNWB00 Sustainable Aviation Fuel Cost of Production EXW NWE $/bbl
BJNWB03 Sustainable Aviation Fuel EXW NWE $/bbl MAvg BJNWB03 Sustainable Aviation Fuel Cost of Production EXW NWE $/bbl MAvg
BJNWA00 Sustainable Aviation Fuel EXW NWE $/mt BJNWA00 Sustainable Aviation Fuel Cost of Production EXW NWE $/mt
BJNWA03 Sustainable Aviation Fuel EXW NWE $/mt MAvg BJNWA03 Sustainable Aviation Fuel Cost of Production EXW NWE $/mt MAvg
BJNWC00 Sustainable Aviation Fuel EXW NWE Eur/mt BJNWC00 Sustainable Aviation Fuel Cost of Production EXW NWE Eur/mt
BJNWC03 Sustainable Aviation Fuel EXW NWE Eur/mt MAvg BJNWC03 Sustainable Aviation Fuel Cost of Production EXW NWE Eur/mt MAvg
ASAFE00 Sustainable Aviation Fuel w/ Credits USWC $/bbl ASAFE00 Sustainable Aviation Fuel Cost of Production w/ Credits USWC $/bbl
ASAFE03 Sustainable Aviation Fuel w/ Credits USWC $/bbl MAvg ASAFE03 Sustainable Aviation Fuel Cost of Production w/ Credits USWC $/bbl MAvg
ASAFA00 Sustainable Aviation Fuel w/ Credits USWC $/mt ASAFA00 Sustainable Aviation Fuel Cost of Production w/ Credits USWC $/mt
ASAFA03 Sustainable Aviation Fuel w/ Credits USWC $/mt MAvg ASAFA03 Sustainable Aviation Fuel Cost of Production w/ Credits USWC $/mt MAvg
ASAFI00 Sustainable Aviation Fuel w/ Credits USWC cts/gal ASAFI00 Sustainable Aviation Fuel Cost of Production w/ Credits USWC cts/gal
ASAFI03 Sustainable Aviation Fuel w/ Credits USWC cts/gal MAvg ASAFI03 Sustainable Aviation Fuel Cost of Production w/ Credits USWC cts/gal MAvg
ASAFF00 Sustainable Aviation Fuel w/o Credits USWC $/bbl ASAFF00 Sustainable Aviation Fuel Cost of Production w/o Credits USWC $/bbl
ASAFF03 Sustainable Aviation Fuel w/o Credits USWC $/bbl MAvg ASAFF03 Sustainable Aviation Fuel Cost of Production w/o Credits USWC $/bbl MAvg
ASAFB00 Sustainable Aviation Fuel w/o Credits USWC $/mt ASAFB00 Sustainable Aviation Fuel Cost of Production w/o Credits USWC $/mt
ASAFB03 Sustainable Aviation Fuel w/o Credits USWC $/mt MAvg ASAFB03 Sustainable Aviation Fuel Cost of Production w/o Credits USWC $/mt MAvg
ASAFJ00 Sustainable Aviation Fuel w/o Credits USWC cts/gal ASAFJ00 Sustainable Aviation Fuel Cost of Production w/o Credits USWC cts/gal
ASAFJ03 Sustainable Aviation Fuel w/o Credits USWC cts/gal MAvg ASAFJ03 Sustainable Aviation Fuel Cost of Production w/o Credits USWC cts/gal MAvg

Details of the cost-based SAF prices can be found here: https://www.spglobal.com/commodityinsights/PlattsContent/_assets/_files/en/our-methodology/methodology-specifications/platts-saf-and-hvo-faq.pdf

Please submit any feedback, comments, or questions about this proposal to mrts_biofuelsandfeedstocks@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.