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Agriculture, Energy Transition, Refined Products, Biofuel, Renewables, Jet Fuel, Vegetable Oils
October 24, 2025
Platts, part of S&P Global Commodity Insights, will discontinue its sustainable aviation fuel HEFA-SPK cost of production (palm fatty acid distillates) Southeast Asia prices, effective Jan. 2, 2026.
The decision follows the observation of an increasing 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 SAF Southeast Asia cost of production prices on Feb. 19, 2021. The prices are based on cost calculations from Commodity Insights' analytics team, on an FOB Singapore basis, and comprise a number of existing Platts assessments and other fixed costs.
On Oct. 1, 2024, Platts launched an FOB Straits HEFA-SPK neat SAF freight netback assessment. Further details can be found here: Platts launches FOB Straits neat SAF netback assessment.
The symbols and mirror symbols that will be affected are listed in the table below:
| Description | Symbol | M. Avg | Mirror | M. Avg |
| SAF (H-S) Cost of Production (PFAD) Southeast Asia $/ mt | ASMAA00 | ASMAA03 | ASFAA00 | ASFAA03 |
| SAF (H-S) Cost of Production (PFAD) Southeast Asia $/ bbl | ASMAB00 | ASMAB03 | ASFAB00 | ASFAB03 |
The discontinuation was first proposed in a subscriber note published Oct. 10: Platts proposes to discontinue SAF Cost of Production (PFAD) Southeast Asia prices.
The cost of production calculations that will be discontinued are currently published on fixed page 2013 of the real-time Platts Biofuels Alert and page 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 database.
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 they 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.