Platts to launch FOB Straits neat SAF netback assessment

Platts, part of S&P Global Commodity Insights, will launch a FOB Straits, neat sustainable aviation fuel freight netback assessment, Oct. 1.

Platts has observed an increased need for SAF pricing within Asia and will continue to track the market and the development of spot trading within the region.

The netback price assessment will be based on the CIF Northwest European neat sustainable aviation fuel cargo assessment (AJNWD00), and take into account the Clean Tanker Carbon-Accounted Medium Range 40kt Arab Gulf-UKC lump sum (ABNAY00), the Arab Gulf-UK Continent 40kt Cape of Good Hope Differential $/lsm (ACGHG00), and a market based premium to reflect the Straits/Singapore-Arab Gulf freight.

Platts will update the premium based on feedback gathered from the market.

The FOB Straits SAF assessment will reflect neat SPK-HEFA SAF in line with the European assessment methodology that can be found here.

Please submit any feedback, comments, or questions to mrts_biofuelsandfeedstocks@spglobal.com and pricegroup@spglobal.com.

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