Agriculture, Energy Transition, Refined Products, Biofuel, Renewables, Jet Fuel

October 03, 2025

Platts opens consultation on updating the SAF cost of production

Platts, part of S&P Global Commodity Insights, has opened a consultation on updating the yields, fixed costs, depreciation, hydrogen prices, and utility costs reflected in the global Sustainable Aviation Fuel (H-S) cost of production calculated assessments.

The assessments reflect the production cost of sustainable aviation fuel produced via the Hydrotreated Esters and Fatty Acids (HEFA) pathway, and any updates would aim to ensure that the assessments continue to reflect current market conditions and industry trends.

Platts recognizes that factors such as input fixed costs have evolved, and that technological developments and operational practices continue to influence the cost structure of SAF production.

Platts seeks feedback on:

  • The current SAF cost reflected in the calculation
  • The feedstock used in the calculation
  • The fixed costs and yields used in the calculation
  • Market trends or regional factors that may impact SAF production costs

The related assessments are listed in the table below:

Assessment name

Refined Symbol

Biofuel Symbol
SAF (H-S) Cost of Production (UCO) North Asia $/mtASFAC00ASMAC00
SAF (H-S, UCO) Cost of Production NWE $/mtBJNWD00BJNWA00
SAF Cost of Production (H-S, Tallow) w/ Credits USWC ¢/gal

ASAFI00

ASAFK00
SAF Cost of Production (H-S, Tallow) w/o Credits USWC ¢/galASAFJ00ASAFL00

Platts publishes the SAF (H-S) cost of production prices in Platts Connect, Biofuelscan, Biomass-Based Diesel Report, US Marketscan, Oilgram Price Report and fixed pages PB010, PB012, PB1010, PB1011, PB1013, PB1015, PB2013, RF158, RF450, RF451, RF480, RF483, RF1410, RF1412, RF2402, RF2410 and RF2414.

Full details on SAF cost of production assessments can be found in the Global Biofuels specifications guide available here: Biofuels Price Assessment Methodology | S&P Global

Please submit any feedback, comments or questions about this decision to mrts_biofuelsandfeedstocks@spglobal.com and pricegroup@spglobal.com, by Nov. 28, 2025.

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.