Agriculture, Maritime & Shipping, Meat
March 23, 2026
Platts to postpone launch of CIF Middle East poultry price assessments to May 1,2026
Platts, part of S&P Global Energy, will postpone the launch of its three new daily CIF Middle East poultry price assessments to May 1, due to vessel transit issues via the Strait of Hormuz.
Platts previously announced its intention to launch these assessments on April 1, as outlined in a subscriber note published March 2.
Many major shipping companies have halted transit through the Strait of Hormuz amid heightened safety concerns after Israel and the US launched air strikes on Iran on Feb. 28, 2026.
Platts will continue to monitor developments in the region closely and will communicate any further updates to market participants via the publication of additional subscriber notes.
Details of the new assessments remain unchanged and are as follows:
| Specification | Chicken Shawarma CIF Middle East | Chicken Griller CIF Middle East | Chicken Leg Quarters CIF Middle East |
| Product / Quality | Frozen chicken shawarma, boneless, 4*2.5 kg packs (10 kg box), halal & health certified | Frozen whole chicken (grillers), minimum 800 g, individually wrapped in a box of 10, halal & health certified | Frozen chicken leg quarters, minimum 200 g, in a lined 15kg export box, halal & health certified |
| Quantity | Minimum one 40-ft reefer container (27 mt net) | Minimum one 40-ft reefer container (27 mt net) | Minimum one 40-ft reefer container (27 mt net) |
| Basis / Location | CIF Jebel Ali, UAE | CIF Jebel Ali, UAE | CIF Jebel Ali, UAE |
| Timing | 30-60 days forward shipment | 30-60 days forward shipment | 30-60 days forward shipment |
| Payment Terms | Cash against documents | Cash against documents | Cash against documents |
| Unit / Market Close | USD/mt, 16:30 London | USD/mt, 16:30 London | USD/mt, 16:30 London |
The assessments will be based on bids, offers, trades and market activity reported to Platts before 16:30 London time and will reflect the prevailing market value at the time of close. Monthly averages will also be published.
The assessments will follow the Platts UK publishing calendar.
Please send any feedback, comments or questions to Platts_AgricultureandFood@spglobal.com, with a copy to pricegroup@spglobal.com.
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