Platts has launched a FOB Straits, neat sustainable aviation fuel freight netback assessment, Oct. 1.
Platts recognizes an increased need for SAF price information within Asia and will continue to track the market and the development of spot trading within the region.
The netback price assessment is on basis CIF Northwest European neat sustainable aviation fuel cargo assessment (AJNWD00) and take into account the Clean Tanker Carbon-Accounted Medium Range 40kt Arab Gulf-UKC lump sum (ABNAY00), the Arab Gulf-UK Continent 40kt Cape of Good Hope Differential $/lsm (ACGHG00), and a market based premium to reflect the Straits/Singapore-Arab Gulf freight.