Platts launches daily refined POME FOB Indonesia assessment Feb 2

Platts, part of S&P Global Energy, has launched a daily assessment for refined palm oil mill effluent (POME) on an FOB Indonesia basis, effective Feb. 2, 2026.

Platts has observed the growing demand for Indonesia' s refined POME since the country restricted its crude POME exports. Indonesia is the largest producer of POME globally, producing about 2 million mt /year, according to data from S&P Global Energy . To prioritize domestic industry and biodiesel expansion, the country has temporarily restricted the export of crude POME since Jan. 8, 2025. Refined POME is crude POME that undergoes treatment processes to remove impurities, which can still currently be exported from Indonesia.

The assessment has the following specifications:

The assessment reflect s cargoes loading during a 45-day period covering three half months, starting from a maximum of 15 days forward from the date of publication. The assessment laycan will roll over to the next 45 days on the 1st and 16th of each month, or the first publishing day after if they fall on weekends or a public holiday.

For example, on Feb. 3, 2026, the Platts refined POME FOB Indonesia assessment will reflect cargoes loading Feb. 16 to March 31, reflecting H2 February, H1 March and H2 March. On Feb. 16, 2026, the assessment will reflect cargoes loading in H1 March, H2 March and H1 April.

The assessment reflects a cargo size of 1,000-5,000 mt, on a free on board (FOB) Dumai and Belawan, Indonesia basis. The assessment also considers cargoes loading in other ports in Indonesia, including Kuala Tanjung, Tanjung Perak and Tanjung Priok, normalizing back to the basis location of Dumai and Belawan. Other volumes will also be considered and normalized back to the stated volume specifications.

The assessment reflects refined POME that adheres to the ISCC certification scheme, in compliance with the EU's Renewable Energy Directive or RED requirements.

The assessment is published in US $/mt, reflecting an 18:00 Penang time market close and following the Platts Penang publishing schedule. Due to a public holiday in Penang Feb. 2, the first assessment will be published Feb. 3. Please see the Platts Pricing Holiday Schedule for more information.

The assessment was first proposed in a subscriber note published Nov. 10, 2025 and was confirmed Dec. 15, 2025.

The assessment is published on Platts Biofuels Alert pages 2400 and 2402, in the daily Platts Biofuelscan , the Weekly Biomass-Based Diesel Report and in the Platts price database.

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