Platts launches shipment month CFR China soybeans monthly average roll

S&P Global Platts has launched a new set of monthly average assessments for its CFR China SOYBEX and soybeans assessments to match the shipment month roll.

The new monthly average roll follows the shipment month schedule, rolling to the following month on the first publication day after the 15th of each month.

For example, from September 16-October 15, the SOYBEX CFR China and Soybeans CFR China Monthly Average assessments would reflect cargoes shipping in November (M1) and December (M2), while from October 16-November 15, the SOYBEX CFR China and Soybeans CFR China Monthly Average assessments would reflect cargoes shipping in December (M1) and January (M2).

The new monthly averages apply to the following daily assessments:

SOYBEX CFR China Flat Price Mo01 SYBAB00

SOYBEX CFR China Flat Price Mo02 SYBAD00

Soybeans CFR China Basis CBOT Mo01 SYBAA00

Soybeans CFR China Basis CBOT Mo02 SYBAC00

Soybeans CFR China CNY Flat Price Mo02 SYBAE00

Soybeans CFR China CNY Flat Price Mo01 SYBAF00

The new monthly average roll matches the monthly average roll schedule of Platts FOB US Gulf, FOB Santos and FOB Paranagua SOYBEX and Soybeans assessments.

Platts has also discontinued the existing monthly averages which are following the calendar month roll, listed below:

SOYBEX CFR China Flat Price Mo01 MAvg SYBAB03

SOYBEX CFR China Flat Price Mo02 MAvg SYBAD03

Soybeans CFR China Basis CBOT Mo01 MAvg SYBAA03

Soybeans CFR China Basis CBOT Mo02 MAvg SYBAC03

Soybeans CFR China CNY Flat Price Mo02 MAvg SYBAE03

Soybeans CFR China CNY Flat Price Mo01 MAvg SYBAF03

The new monthly averages following the shipment month roll are listed below:

SOYBEX CFR China Flat Price Mo01 MAvg SZBAB03

SOYBEX CFR China Flat Price Mo02 MAvg SZBAD03

Soybeans CFR China Basis CBOT Mo01 MAvg SZBAA03

Soybeans CFR China Basis CBOT Mo02 MAvg SZBAC03

Soybeans CFR China CNY Flat Price Mo02 MAvg SZBAE03

Soybeans CFR China CNY Flat Price Mo01 MAvg SZBAF03

Please send any feedback, questions or comments on the proposed monthly average assessments to ags@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.