Chemicals, Energy Transition, Renewables

October 04, 2024

Platts to move MOC timestamp for all Americas fertilizer assessments

Platts, part of S&P Global Commodity Insights, will change the timestamps of all its Americas fertilizer assessments, effective Nov. 1.

Platts will change the timestamps for its Americas fertilizer assessments to to 1630 São Paulo time (currently GMT -3), from the current 1630 London time.

This follows a proposal published Sept. 6, available here(opens in a new tab).

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

Full details of Platts Fertilizer coverage can be found in the Specifications Guide available here(opens in a new tab).

As part of this change, Platts Americas fertilizer assessments will also follow a São Paulo holiday calendar, moving from a London holiday calendar at present. Further information on Platts pricing holiday schedules can be found here(opens in a new tab).

As of Nov. 1, bids, offers trades and indicative values will only be 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.