Platts launches Brazilian Biodiesel assessment DAP Paulinia

S&P Global Platts has launched a Brazilian biodiesel DAP (delivered at place) Paulinia price assessment, effective Nov. 3, 2021.

This launch provides transparency to the Brazilian biodiesel market while it transitions to spot trading and term contracts from a mandatory auction model and builds on Platts global biodiesel coverage.

The assessment reflects ANP standard quality biodiesel, taking into account the cold filter plugging point specification seasonality. The assessment basis is DAP Paulinia, Sao Paulo state.

The assessment reflects trades from 100-250 cubic meters, other volumes may be taken into account and normalized to the assessed volume range.

The biodiesel market will officially transition to spot and term contracts from auctions effective Jan. 3, 2022 in line with The National Energy Policy Council (CNPE) Resolution No. 14. Consequently, from Nov. 3-Dec. 30, 2021, Platts will consider bids, offers and trades for biodiesel loading in January 2022, while from Jan. 3 the assessment will reflect biodiesel loading 1-7 days forward from the date of publication.

Platts consider bids, offers and trades reflecting payment within 10 days of delivery.

The assessment is published in Real/cu m and US dollars/mt daily, reflecting value at 4:30 pm Sao Paulo time.

In the absence of bids, offers, trades or market values, Platts will consider changes in the key feedstock market including the Platts assessment of FOB Paranagua soybean oil (SYOBA00).

The assessment will be published under the following symbols:

ABPLA00 Biodiesel DAP Paulinia BRL/CBM,

ABPLA04 Biodiesel DAP Paulinia BRL/CBM WAvg,

ABPLA03 Biodiesel DAP Paulinia BRL/CBM MAvg,

ABPLB00 Biodiesel DAP Paulinia $/mt,

ABPLB04 - Biodiesel DAP Paulinia $/mt WAvg,

ABPLB03 - Biodiesel DAP Paulinia $/mt MAvg,

The assessment will be published on Platts Biofuels Alert pages:

Daily: PBF0010, PBF0220

Weekly average: PBF0221

Monthly average: PBF0011

The daily assessment and rationale will be published on the Platts Biofuelscan report while the market commentary will be included every Wednesday on the Biofuelscan and in the Weekly Biomass-Based diesel Report, published every Thursday.

Please send any feedback to americas_ags@spglobal.com and pricegroup@spglobal.com.

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