Agriculture, Biofuels, Vegetable Oils
July 01, 2026
Platts launches Premium UCO FOB China and DAP East China assessments, July 1
Platts, part of S&P Global Energy, has launched premium-grade used cooking oil FOB China and premium UCO DAP Nantong, East China daily assessments, effective July 1, 2026.
The launch follows increasing demand for premium UCO, typically consumed by the Sustainable Aviation Fuel and Hydrotreated Vegetable Oil plants as a feedstock, in China's domestic and export markets.
The Platts Premium UCO FOB China assessment reflects spot premium UCO cargoes loading 20-40 days forward from Nantong Port on an FOB basis. Other major ports for premium UCO export in China may be considered and normalized back to the basis location.
The Premium UCO DAP Nantong, East China assessment reflects premium UCO delivered to Nantong Port one to seven days forward from the date of publication, on a delivered at place basis. Premium UCO delivered to other ports in East China, such as the Port of Lianyungang, may be considered and normalized back to the basis location.
The Premium UCO FOB China and Premium UCO DAP East China assessments reflect the following specifications:
| Specifications | Premium UCO FOB China | Premium UCO DAP East China |
| Volume | 2,500-5,000 mt | 500-2,000mt |
| Timing | Loading 20-40 days forward | Delivered 1-7 days forward |
| Free Fatty Acid (FFA) | Maximum 8% | Maximum 8% |
| Moisture and impurities (MIU) | Maximum 8% | Maximum 2% |
| Ester Content | Maximum 2% | Maximum 2% |
| Phosphorus content | Maximum 50ppm | Maximum 50ppm |
| Metal content | Maximum 100ppm | Maximum 100ppm |
| Total chloride | Maximum 50ppm | Maximum 50ppm |
| Nitrogen content | Maximum 200ppm | Maximum 200ppm |
| Polyethylene content | Maximum 50ppm | Maximum 50ppm |
| Triglyceride content | Minimum 80% | Minimum 80% |
The assessments 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 is published in US dollar/mt , while the Premium UCO DAP East China assessment is published in Chinese Yuan/mt and converted into US dollars/mt using the Platts published US dollar/Chinese Yuan exchange rate (AAWFW00) at 4.30 pm Singapore time.
The assessments and the associated symbols are as follows:
| Description | Daily Symbol | Weekly Average Symbol | Monthly Average Symbol |
| Premium UCO FOB China $/mt | PUFNM00 | PUFNM04 | PUFNM03 |
| Premium UCO DAP East China Yuan/mt | PUFNY00 | PUFNY04 | PUFNY03 |
| Premium UCO DAP East China $/mt | PUFND00 | PUFND04 | PUFND03 |
The Premium UCO FOB China assessment reflects a 4:30 pm Singapore time market close and follows the Singapore publishing schedule, while the Premium UCO DAP East China reflects a 4:30 pm Penang time market close and follows the Penang publishing schedule.
The new assessments were first proposed in a subscriber note published April 20, available here: Platts proposes to launch Premium UCO, FOB China and DAP East China assessments, June 15 | S&P Global
The decision for the launch was communicated in a subscriber note published May 8, available here: Platts to launch Premium UCO, FOB China and DAP East China assessments, July 1 | S&P Global
The new assessments are published on fixed pages PBF 2310, 2311 and 2312 of Platts Biofuels Alert, in daily Platts Biofuel scan, Weekly Biomass-Based Diesel Report and in the Platts database.
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