Chemicals, Energy Transition, Renewables

November 01, 2024

Platts changes MOC timestamp for all Americas fertilizer assessments Nov. 1

Platts, part of S&P Global Commodity Insights, has changed the timestamps for all its Americas fertilizer assessments to 1630 São Paulo time, from the previous 1630 London time, effective Nov. 1, 2024.

This change was intended to better capture the concentration of trading activity in the Americas fertilizer market.

Details of the changes are as follows:

  • Fertecon Ammonia assessments: All Americas assessments have moved to 1630 São Paulo time from 1630 London time, but all Middle Eastern, African and European assessments remain at 1630 London time.
  • Fertecon Nitrates assessments: All Americas assessments have moved to 1630 São Paulo time from 1630 London time, but all Middle Eastern, African and European assessments remain at 1630 London time.
  • Fertecon Phosphates assessments: All Americas assessments have moved to 1630 São Paulo time from 1630 London time, but all Middle Eastern, African and European assessments remain at 1630 London time.
  • Fertecon Potash assessments: All Americas assessments have moved to 1630 São Paulo time from 1630 London time, but all Middle Eastern, African and European assessments remain at 1630 London time.
  • Fertecon Sulphur assessments: All Americas assessments have moved to 1630 São Paulo time from 1630 London time, but al Middle Eastern, African and European assessments remain at 1630 London time.
  • Fertecon Sulphuric Acid assessments: All Americas assessments have moved to1630 São Paulo time from 1630 London time, but all Middle Eastern, African and European assessments remain at 1630 London time.
  • Fertecon Urea assessments: All Americas assessments have moved to 1630 São Paulo time from 1630 London time, but all Middle Eastern, African and European assessments remain at 1630 London time.

Full details of Platts Fertilizer coverage can be found in the Specifications Guide, available here.

This change follows a proposal note published Sept. 6, available here.

A decision on the change was published on Oct. 4 in a subscriber note available here.

As part of this change, Platts Americas fertilizer assessments follow a São Paulo holiday calendar, switching from a London holiday calendar. Further information on Platts pricing holiday schedules can be found here.

As of Nov. 1, bids, offers trades and indicative values are only considered for the assessment if received before the 1630 São Paulo time cut-off. If the weekly publication day falls on a public holiday in São Paulo, as defined by the Platts pricing holiday schedule, then the Americas assessments will be published the preceding working day.

For example, the weekly Sulphuric Acid report is published on Wednesdays. As Nov. 20, 2024, is a Wednesday and a public holiday in São Paulo, all Americas Sulphuric Acid assessments, commentary and line-ups will be produced and published on Platts Connect and the Connect Data Browser on Nov. 19, 2024. They will appear in the weekly Sulphuric Acid report published Nov. 20, 2024, alongside EMEA and Asia content generated Wednesdays.

Please send any further questions and comments to Fertilizer@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.