SUBSCRIBER NOTE: Platts launches NNE Brazil weekly ethanol assessment

S&P Global Platts launched a North-Northeast Brazil anhydrous ethanol assessment, effective November 10, 2017. The new assessment is in line with increased interest in a transparent and clearly defined assessment in the region.

The NNE assessment reflects anhydrous ethanol standard ANP quality delivered into Suape, one to 15 days forward from date of publication.

Platts publishes the assessment basis DAP (Delivered At Place) Suape, Pernambuco. Other locations and Incoterms such as FOB/CIF may be considered but will be normalized back to the basis location. Platts also takes into consideration product produced regionally, transfers from the Center-South region as well as volumes delivered from international locations.

The minimum volume assessed is 250,000 liters, or 250 cu m, and the maximum volume assessed is 1,000,000 liters, or 1,000 cu m. Other volumes may also be considered but in relation to the assessed volume range.

Platts considers standard payment terms, such as payment within 10 days of "delivery."

The assessments is time-stamped to a 4:30 pm local time (Sao Paulo) Friday as a weekly assessment and published in the Friday Biofuelscan, as well as the Platts Weekly Global Ethanol Report. The data is also available on the Platts Real Time Service pages PBF 221 under code AAXFW04, with a month average number published on page PBF 222 and under code AAXFW03.

Platts welcomes all further feedback and questions on the new assessment. Please send all questions and feedback to americas_ags@spglobal.com with CC to pricemethodology@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 to the public upon request.