SUBSCRIBER NOTE: Platts launches new jet delivered cargo assessments for Brazil

As part of its commitment to providing insight into new markets, S&P Global Platts has started publishing a number of new assessments for A-1 jet fuel delivered into Brazil, with effect from October 1, 2018.

The Brazilian energy sector is undergoing significant change, with private companies now importing a significant volume of refined products.

Platts has added assessments on a delivered basis to five Brazilian ports for jet A-1, as defined by DEFSTAN 91-091. There are separate assessments for the ports of Itaqui, Suape, Aratu, Santos and Paranagua on a delivered CFR basis to provide pricing in multiple regions of the country.

All of the new assessments represent the value of a single delivered cargo of 250,000-350,000 barrels, reflecting a delivery period of 15-30 days forward from the day of assessment, with single port discharge. All the Brazilian jet A-1 assessments are published in $/barrel and the equivalent Brazilian Real/cubic meter value.

The assessments will account for the value of freight on a Medium Range tanker, including port dues, loading/discharge time and port time, from the US Gulf Coast to each location. They will also include a quality differential for jet A-1 specification versus US Gulf Coast jet A, and waterborne loading costs on the Gulf Coast.

Platts will publish the assessments in Latin American Wire and US Marketscan, on Platts Global Alert pages 164, 165, 470 and 471 and under the following codes in the Platts pricing database:

Brazil CFR Cargo $/b Real/cu m Jet A-1 Itaqui AJAAB00 AJABB00 Jet A-1 Suape AJAAE00 AJABE00 Jet A-1 Aratu AJAAA00 AJABA00 Jet A-1 Santos AJAAD00 AJABD00 Jet A-1 Paranagua AJAAC00 AJABC00

Please send all comments to americas_products@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.