Platts proposes to discontinue SAF Cost of Production (PFAD) Southeast Asia prices

Platts, part of S&P Global Commodity Insights, proposes to discontinue its sustainable aviation fuel (SAF) HEFA-SPK cost of production (Palm Fatty Acid Distillates, or PFAD) Southeast Asia prices, effective Jan. 2, 2026.

Platts has observed a trend of limiting PFAD feedstock for the production of SAF via the HEFA-SPK pathway in the global market. This has led to the PFAD-based SAF cost of production prices becoming less relevant.

Platts launched the SAF Southeast Asia cost of production prices on Feb. 19, 2021. The prices are based on cost calculations from S&P Global Commodity Insights' Analytics team, on an FOB Singapore basis, and are comprised of a number of existing Platts assessments and other fixed costs.

As of Oct. 1, 2024, Platts launched a FOB Straits HEFA-SPK neat SAF freight netback assessment. Further details can be found here: Platts launches FOB Straits neat SAF netback assessment | S&P Global

The symbols and mirror symbols that would be affected are listed in the table below:

The cost of production calculations that would be discontinued under this proposal are currently published on fixed page 2013 of the real-time Platts Biofuels Alert and 2414 of the real-time Platts Global Alert, in Biofuelscan and Biomass-Based Diesel report under the mirror symbols and published in the Oilgram Price report and the Asia-Pacific/Arab Gulf Marketscan under the symbols, as well as in the Platts price data base.

Please send any questions, comments or feedback by Oct. 22, 2025, to mrts_biofuelsandfeedstocks@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.