Platts to launch Brazil technical corn oil assessments, July 1

Platts, part of S&P Global Energy, will launch daily price assessments for Brazilian technical corn oil (TCO), effective July 1, 2026.

This launch follows continued growth in Brazil's corn ethanol and advanced biofuels sectors.

The new assessments will reflect the spot price for crude technical corn oil on an ex-works Mato Grosso basis, inclusive of PIS/Cofins taxes. Mato Grosso is Brazil's largest corn ethanol-producing state and the country's main production hub for corn-based ethanol and related co-products.

The assessments will reflect spot transactions conducted on an ex-works basis in Mato Grosso, normalized when necessary by excluding freight and ICMS costs. Platts will publish outright price assessments in Brazilian reals and US dollars, as well as monthly and weekly averages. Platts will use the $/real exchange rate published under the symbol USDBL00 to generate the $/metric ton prices.

Full details of the new assessments are as follows:

The daily assessments of technical corn oil, published on weekdays, will be based on truck-delivered spot transactions in Brazil, with delivery of one to 20 days forward from the date of publication.

Platts TCO assessments will reflect oil of 11%-15% free fatty acid (FFA) and a maximum of 1% moisture, impurities, and unsaponifiables (MIU). The assessments will also reflect a minimum transaction volume of 40 mt, equivalent to one full truckload. Platts will consider other specifications and volumes, but may normalize back to the basis.

The assessments will follow a São Paulo publishing schedule.

This launch was initially proposed June 9.

Please send all comments, feedback and questions to platts_biofuels@spglobal.com and pricegroup@spglobal.com.

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