Platts launches Premium UCO FOB China, 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 sustainable aviation fuel and hydrotreated vegetable oil plants as 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 the 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 the 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 metric tons

500-2,000 mt

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 50 parts per million

Maximum 50 ppm

Metal content

Maximum 100 ppm

Maximum 100 ppm

Total chloride

Maximum 50 ppm

Maximum 50 ppm

Nitrogen content

Maximum 200 ppm

Maximum 200 ppm

Polyethylene content

Maximum 50 ppm

Maximum 50 ppm

Triglyceride content

Minimum 80%

Minimum 80%

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

The Premium UCO FOB China assessment is published in US dollars/metric ton, while the Premium UCO DAP east China assessment is published in Yuan/mt and converted into US dollars per metric ton using the Platts published US dollar/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, 2026, available here: Platts proposes to launch Premium UCO, FOB China and DAP East China assessments, June 15

The decision for the launch was communicated in a subscriber note published May 8, 2026, available here: Platts to launch Premium UCO, FOB China and DAP East China assessments, July 1

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

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