Agriculture, Biofuels

April 20, 2026

Platts proposes to modify Ethanol T2 FOB Rotterdam loading window July 1

Platts, part of S&P Global Energy, proposes to amend the benchmark Ethanol T2 FOB Rotterdam (AAYDT00) loading window to reflect a single strip window of 5-15 days forward from the date of publication, effective July 1, 2026.

The proposed change follows observed loading delays due to the logistical limitations of ethanol in Rotterdam, and in response to market feedback that a longer strip window would provide greater flexibility.

Under the proposal, buyers would be required to nominate a five-day laycan within the 5-15 day strip. The buyer's nomination should be subject to a notice period of at least 48 hours (full UK working days) before the first day of the laycan, as per market standard.

Additionally, buyers would also need to nominate the estimated time of arrival (ETA) of the barge within the narrowed five-day laycan within good time, and no less than 48 hours (full UK working days) prior to arrival.

For example, the Platts Ethanol T2 FOB Rotterdam loading window for an assessment published March 10 would be March 15-25. For a shortened laycan of March 19-23, the buyer must provide nomination on the first day of the laycan 48 full working-day hours prior, on March 17. For a barge ETA of March 22 within the shortened laycan, the buyer must also provide a nomination of 48 hours (full UK working days) prior on March 20.

Platts current methodology reflects a loading window of 3-15 days forward from publication on Mondays and Tuesdays, and 5-15 days forward from Wednesday to Friday. These longer periods are then split into three five-day windows denoted as the front-end window, mid-window and back-end window. Participants in the Platts Market on Close process may currently bid and offer separately within these windows with pre-designated five-day laycans.

Platts expects performance on all published deals to be in line with market practice.

Platts invites feedback, comments and questions on this proposal to platts_biofuels@spglobal.com and pricegroup@spglobal.com by May 15, 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.