Agriculture, Meat
August 04, 2026
Platts to launch four new DDP US Northeast Shrimp assessments and amend incoterm for existing assessment, Sept. 1
Platts, part of S&P Global Energy will launch four new DDP US Northeast Shrimp assessments and amend the current incoterm for its existing assessment, Sept. 1.
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. This decision follows a methodology proposal published July 3, 2026, linked here.
The new assessments and their specifications would be as follows:
|
Specification |
PD 31/40 Shrimp DDP US Northeast |
HLSO 21/25 Shrimp DDP US Northeast |
HLSO 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 (HLSO), Block frozen (BF) 21/25 pieces per lb. |
Vannamei shrimp, headless, shell-on (HLSO), Block frozen (BF) 26/30 pieces per lb. |
Vannamei shrimp, head-on, shell-on (HOSO), Block frozen (BF) 30/40 pieces per kg. |
|
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 lb and a conversion to US dollars per mt. |
| Market Close | 13:30 Houston. | 13:30 Houston. | 13:30 Houston. | 13:30 Houston. |
All new assessments will also be published as monthly averages.
The incoterm for the existing PDTO 16/20 Shrimp CIF US will be amended to DDP US Northeast, to better reflect trading patterns in the US. An additional US dollar 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. |
All new and existing assessments follow the Platts US publishing schedule and will appear on the fixed pages PAA0203 and PAA0202 in Platts Protein Daily and on Energy Core.
The assessments will 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 or 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.