July 03, 2026
Platts proposes to launch four new DDP US Northeast Shrimp assessments and amend incoterm for existing assessment, effective Sep. 1
Platts, part of S&P Global Energy, proposes to launch four new daily DDP US Northeast Shrimp price assessments and amend the current PDTO CIF New York shrimp assessment, effective Sept. 1, 2026.
The proposed launch and amendments reflect sustained import demand and active spot trading in the US Northeast region, alongside market feedback that requests more transparent and clearly defined DDP price references, to support contract negotiations and market analysis.
The new assessments and their specifications would be as follows:
| Specification | PD 31/40 Shrimp DDP US Northeast |
HDLS 21/25 Shrimp DDP US Northeast |
HDLS 26/30 Shrimp DDP US Northeast |
HOSO 30/40 Shrimp DDP US Northeast |
| Product/Quality |
Vannamei shrimp, peeled, deveined, tail-off (PD), individually quick frozen (IQF),31-40 pieces per lb. |
Vannamei shrimp, headless, shell-on (HDLS), Block frozen (BF) 21/25 pieces per lb. |
Vannamei shrimp, headless, shell-on (HDLS), Block frozen (BF) 26/30 pieces per lb. |
Vannamei shrimp, headless, shell-on (HOSO), Block frozen (BF) 30/40 pieces per lb. |
| Quantity |
Assessment reflects boxes of 20 lb stuffed in minimum one 40-foot refrigerated shipping container of 15 to 17 mt net weight. |
Assessment reflects boxes of 20 lb stuffed in minimum one 40-foot refrigerated shipping container of 15 to 17 mt net weight. |
Assessment reflects boxes of 20 lb stuffed in minimum one 40-foot refrigerated shipping container of 15 to 17 mt net weight. |
Assessment reflects boxes of 20 lb stuffed in minimum one 40-foot refrigerated shipping container of 15 to 17 mt net weight. |
| Basis Location |
DDP US Northeast, defined as facilities in New York and New Jersey. |
DDP US Northeast, defined as facilities in New York and New Jersey. |
DDP US Northeast, defined as facilities in New York and New Jersey. |
DDP US Northeast, defined as facilities in New York and New Jersey. |
| Timing |
Assessment reflects product to be delivered 30-90 days PD from date of publication. |
Assessment reflects product to be delivered 30-60 days from date of publication. | Assessment reflects product to be delivered 30-60 days from date of publication. | Assessment reflects product to be delivered 30-60 days from date of publication. |
| Payment Terms | Cash against documents. | Cash against documents. | Cash against documents. | Cash against documents. |
| Unit of Measurement |
US dollars per lb and a conversion to US dollars per mt. |
US dollars per lb and a conversion to US dollars per mt. |
US dollars per lb and a conversion to US dollars per mt. |
US dollars per kg and a conversion to US dollars per mt. |
| Market Close |
13:30 Houston. |
13:30 Houston. |
13:30 Houston. |
13:30 Houston. |
All assessments would also be published as monthly averages.
The proposal also includes amending the current PDTO Shrimp CIF US assessment to DDP US Northeast, as per market feedback Platts understands the typical trading Incoterm used for shrimp in the US market is DDP. For the unit of measurement, a US dollars per lb assessment will also be added:
| Symbol Description | Symbol | Current INCO term | Proposed INCO term | Current UOM | Proposed UOM |
| PDTO Shrimp CIF US $/mt | ISFDA00 | CIF | DDP | $/mt | US dollars per lb and a conversion to US dollars per mt. |
|
PDTO Shrimp CIF US MAvg $/mt |
ISFDA03 |
CIF | DDP | $/mt |
US dollars per lb and a conversion to US dollars per mt. |
The symbol description would be amended in accordance with the proposal above.
All new and existing assessments would reflect a 13:30 Houston timestamp and follow the Platts US publishing schedule.
The assessments would consider market information reported to Platts and published as heards throughout the day, including firm bids and offers, trades, indicative values and any other data deemed relevant to the assessment process.
Please send any comments, feedback or questions to Platts_AgricultureandFood@spglobal.com by July 21, 2026, copying 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.