Platts updates SAF FOB Straits assessments to reflect CORSIA-certification, Sept 1, 2026

Platts, part of S&P Global Energy, has updated its daily FOB Straits neat sustainable aviation fuel (SAF) price assessments to reflect CORSIA-certified cargoes, effective Sept. 1, 2026.

Platts has observed increasing demand for pricing clarity for CORSIA-aligned, sustainability-certified SAF cargoes exported from the Straits of Malacca region. This has been driven by the impending transition to low-carbon fuels, in anticipation of mandatory Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) reporting from 2027 onwards.

Following market feedback since Platts first proposed this change on July 20 and communicated the decision in a subscriber note Aug. 25, Platts has updated the assessment to reflect SAF cargoes that are RSB or ISCC certified. Both the ISCC and RSB CORSIA standards are recognized by the International Civil Aviation Organization (ICAO), demonstrating compliance with CORSIA's sustainability and traceability criteria for SAF. Updating the assessment specification to reflect ISCC or RSB CORSIA-certified cargoes aligns the assessments more closely with evolving market practices and sustainability requirements in the SAF market. ISCC EU-certified cargoes are considered in the updated assessments but may be normalized.

In response to market feedback, Platts has also removed the existing exclusions on feedstocks for PFAD (palm fatty acid distillate) and Category 3 tallow, as both feedstocks are widely used in hydro-processed esters and fatty acids (HEFA) SAF production in Asia and are considered as CORSIA-eligible feedstocks. However, Platts does not consider SAF produced from palm oil for the assessment.

The other specifications and terms of the SAF FOB Straits assessments remain unchanged.

The assessments and the symbols affected by this change are:

The assessments are published on fixed pages 2013 of Platts Biofuels Alert, on fixed pages 2410 and 2411 of Platts Global Alert and Platts Refined Products Alert, and in the following publications: Biofuelscan , Fuel Ethanol report, Biomass-Based Diesel report, Aviation Weekly, Oilgram Price report, Asia-Pacific/Arab Gulf Marketscan and in the Platts database.

Platts SAF FOB China assessments, launched May 4, continue to reflect ISCC-EU-certified cargoes. ISCC-CORSIA-certified cargoes are considered but may be normalized for assessment, and PFAD feedstocks are excluded from these assessments.

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