Platts proposes to launch Premium UCO, FOB China and DAP East China assessments, June 15

Platts, part of S&P Global Energy, is proposing to launch daily Premium UCO FOB China and Premium UCO DAP East China assessments, effective June 15, 2026.

Platts has observed increasing exports of premium UCO, particularly to the EU and Singapore, amid growing demand from the Sustainable Aviation Fuel (SAF) and renewable diesel industries. As a result, the proposed assessments would align with the need for pricing transparency in the region. These proposed additions complement the existing Platts UCO North Asia and UCO DAP assessments.

The premium UCO FOB China assessment would reflect loading Nantong Port on an FOB basis. Other ports in China may be taken into consideration and normalized back to the basis locations.

The premium UCO DAP East China assessment will reflect UCO delivered one to seven days forward from the date of publication, on a delivered at place (DAP) basis Nantong Port. Other ports in East China, including the Port of Lianyungang, may be taken into consideration and normalized back to the basis location.

The proposed Premium UCO FOB China and Premium UCO DAP East China assessments would have the following specifications:

The assessments would reflect UCO that adheres to the ISCC certification scheme, in compliance with the EU's Renewable Energy Directive or RED requirements.

The Premium UCO FOB China assessment would be published in US dollar/mt while the Premium UCO DAP East China assessment would be published on an outright basis in Chinese Yuan and converted into US dollars per metric ton using the relevant US dollar/Chinese Yuan exchange rate (AAWFW00).

The proposed Premium UCO FOB China assessment would reflect a 4:30 pm Singapore time market close and would follow the Singapore publishing schedule, while the Premium UCO DAP East China would reflect a 1630pm Penang time market close and would follow the Penang publishing schedule.

The proposed assessments would be published on fixed pages PBF 2310, 2311 and 2312 of Platts Biofuels Alert, in daily Platts Biofuelscan, Weekly Biomass-Based Diesel Report and in the Platts database.

Please submit any feedback, comments, or questions about this proposal to platts_biofuels@spglobal.com and pricegroup@spglobal.com by May 7, 2026.

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.