Platts proposes volume methodology change for UCO North Asia assessment

S&P Global Platts proposes to change the volume for its UCO North Asia ($/mt) assessment from 300-1,500 mt flexi bags loaded in containers to bulk from 3,000 mt to 10,000 mt parcels, effective November 1, 2021.

Platts has observed that UCO physical market activity has shifted from containers to bulk due to greater demand from destination markets and seeks to reflect the most relevant volume in its physical assessment.

The UCO North Asia ($/mt) assessment appears on Platts Biofuel (PBF) Alert page 2310 and in Platts Biofuelscan, and in the Platts price database under the code AUCOC00.

Please send all questions and feedback to asia_ags@spglobal.com and pricegroup@spglobal.com by September 28, 2021.

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.