Agriculture, Energy Transition, Biofuel, Renewables

October 23, 2025

Platts to discontinue renewable diesel cost of production prices Jan. 2 2026

Platts, part of S&P Global Commodity Insights, will discontinue its renewable diesel (RD/HVO) (UCO) Cost of Production prices, effective Jan. 2, 2026.

Platts has seen increasing liquidity in renewable diesel (HVO) spot markets. This has led to the cost of production calculation becoming less relevant as a reflection of the RD (HVO) market.

Platts proposed to discontinue renewable diesel prices on Oct. 6 in the following note .

As of May 1, 2024 Platts launched market-based price assessments for European RD (HVO), that take into account bids, offers, trades and other relevant information. The two price assessments reflect RD produced from feedstocks in Annex IX-A and IX-B of the Renewable Energy Directive (RED). Further details can be found here .

As of Aug. 1, 2024, Platts launched market-based assessments for US West Coast RD (HVO) that take into account bids, offers, trades, and other relevant information. The four price assessments reflect RD of 99% and 100% purity, delivered to both Los Angeles and San Francisco. Further details can be found here.

The assessments that will be discontinued are currently published in Platts Biofuelscan, Platts Biofuels Alert Service, European Marketscan, Asia-Pacific/Arab Gulf Marketscan, US market scan and under the following symbols:

DescriptionSymbolM. AvgMirrorM. Avg
RD Cost of Production (UCO) NWE $/mtHVNWD00HVNWD03HVNWA00HVNWA03
RD Cost of Production (UCO) NWE $/bblHVNWE00HVNWE03HVNWB00HVNWB03
RD Cost of Production (UCO) NWE Eur/mtHVNWF00HVNWF03HVNWC00HVNWC03
RD Cost of Production (PFAD) Southeast Asia $/bblHVSAA00HVSAA03HVMAA00HVMAA03
RD Cost of Production (PFAD) Southeast Asia $/mtHVSAB00HVSAB03HVMAB00HVMAB03
RD Cost of Production (Tallow) w/ Credits USWC $/mtARDFA00ARDFA03ARDFC00ARDFC03
RD Cost of Production (Tallow) w/o Credits USWC $/mtARDFB00ARDFB03ARDFD00ARDFD03
RD Cost of Production (Tallow) w/ Credits USWC $/bblARDFE00ARDFE03ARDFG00ARDFG03
RD Cost of Production (Tallow) w/o Credits USWC $/bblARDFF00ARDFF03ARDFH00ARDFH03
RD Cost of Production (Tallow) w/ Credits USWC cts/galARDFI00ARDFI03ARDFK00ARDFK03
RD Cost of Production (Tallow) w/o Credits USWC cts/galARDFJ00ARDFJ03ARDFL00ARDFL03

In addition, the following spread calculations derived from the cost of production prices will also be discontinued:

DescriptionSymbol
European RD GHG SavingsAEURE00
European RD-ULSD RatioAEURF00
European RD-ULSD SpreadAEURG00
Asia RD-Gasoil RatioASIAB00
Asia RD-Gasoil SpreadASIAC00
USWC RD-Diesel RatioAUSWB00
USWC RD-ULSD SpreadAUSWC00

Please send any questions, comments or feedback, 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.