31 May 2023 | 03:08 UTC

Platts clarifies UCO FOB Straits specification

Platts, part of S&P Global Commodity Insights, wishes to clarify its Used Cooking Oil FOB Straits quality specification.

In line with a subscriber note published Aug. 1, 2022, Platts-assessed biodiesel feedstock Used Cooking Oil (UCO) FOB Straits (UCFCC00) product quality and purity specifications are: FFA: 5%, maximum MIU: 2%, maximum sulfur: 40 ppm, Iodine: 50 gr per 100 gr minimum, Wax content: 300 ppm maximum as well as ISCC-certified and RED-compliant material.

In addition, Proof of Sustainability, Annex VII and Right to Audit needs to be provided by the seller.

Please send any feedback, questions or comments to MRTS_biofuelsandfeedstocks@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.