Platts proposes to discontinue CIF Marmara wheat (13.5%) coaster assessment

Platts, part of S&P Global Commodity Insights, proposes to discontinue its CIF Marmara wheat (13.5%) coaster assessment (WDPMT00) and its corresponding monthly average (WDPMT03) effective March 19, 2025.

This proposed discontinuation follows the suspension of the assessment on Feb. 24, 2022 following Russia's invasion of Ukraine, and a decline in interest for coasters of 13.5% protein wheat from buyers in the Sea of Marmara since then. Platts understands market participants typically refer to the price for 12.5% protein wheat coasters for any ongoing trade of 13.5% product.

Platts suspended the publication of bids, offers, trades, and indicative market values for commodities loading or delivering in the Black Sea: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/022422-platts-to-suspend-publication-of-market-information-for-black-sea-markets

Platts resumed publication of its CIF Marmara wheat 12.5% assessment (AMARA00) in August 2023, following a resumption of trade activity in that market. Details can be found here. https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/082323-platts-resumes-publication-of-one-cif-marmara-wheat-coasters-assessment-aug-23

Please send all comments, feedback, and questions to mrts_agricultureandfood@spglobal.com and pricegroup@spglobal.com by Jan. 8, 2025. 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 make comments not marked as confidential available upon request.