Platts launches Brazil technical corn oil assessments July 1

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

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

The assessments reflect the spot price for crude technical corn oil on an ex-works Mato Grosso basis, inclusive of PIS/Cofins taxes, but excluding ICMS.

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 reflect spot transactions and may take into account other locations, with prices normalized to the basis location when necessary. Platts publishes outright price assessments in Brazilian reals and US dollars, as well as monthly and weekly averages. Platts uses the $/real exchange rate published under symbol USDBL00 to generate the $/metric ton prices.

Assessments:

The daily TCO assessments, published on weekdays, are based on truck spot transactions in Brazil, with delivery one to 20 days forward from the date of publication.

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

The assessments follow the São Paulo publishing schedule.

The assessments were first proposed in a subscriber note published June 9, and were confirmed June 24.

Please submit any feedback, comments or questions to platts_biofuels@spglobal.com and pricegroup@spglobal.com . 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.