Platts launches UCO quantitative forward curves for Asia and EU delivery

Platts, part of S&P Global Commodity Insights, has launched used cooking oil (UCO) North Asia, UCO FOB Straits and UCO (RED) CIF ARA Outright quantitative forward assessments from months 1 to 36, effective Sept. 15, 2023.

These quantitative curves are derived using the extensive database of historical market prices and based on Platts editorial market knowledge.

For UCO North Asia and UCO FOB Straits months 1 to 36, S&P Global Commodity Insights Risk Data Service team derives forward curve values based on 1630 Singapore spot price, as well as the related products spot and forward price on relevant exchanges or data published by Platts, and information received via the brokered market.

For UCO (RED) CIF ARA Outright months 1 to 36, the Risk Data Service team derives forward curve values based on 1630 London spot price, as well as the related products spot and forward price on relevant exchanges or data published by Platts, and information received via the brokered market.

Information on the new quantitative curve symbols can be found below.

For questions or comments, please reach out to the team at PL_Risk_Production@spglobal.com.