Platts proposes to update Sunflower Oil Black Sea basis location from Nov. 16

Platts, part of S&P Global Energy, proposes to update the basis location for its Sunflower Oil FOB Black Sea assessment (SFWBL00) from Ukraine's deep-sea ports to the Danube corridor ports of Izmail and Reni, effective Nov. 16, 2026.

Platts would continue to gather and publish pricing information from other relevant loading and delivery locations and may normalize such indications for inclusion in the assessment.

This proposal follows market feedback indicating reduced FOB trading activity at the Pivdennyi, Odesa and Chornomorsk (POC) deep-sea ports, amid ongoing security risks and elevated freight costs. At the same time, Platts has observed pricing indications and significant export flows through the Danube corridor.

In the absence of sufficient pricing information from Izmail and Reni, Platts may consider pricing indications from other ports, including the POC deep-sea ports, and normalize them back to the assessment basis.

Platts also proposes to change the assessment volume from 3,000 metric tons to 1,000 mt to reflect the most commonly traded parcel sizes along the Danube route. Cargoes of other sizes may be considered in the assessment process and normalized to the proposed 1,000 mt basis volume.

The assessment can be found the Daily Grains and Biomass Based Diesel Reports, as well as the fixed page PAA1810.

Please submit any feedback, comments, or questions to platts_biofuels@spglobal.com and pricegroup@spglobal.com by Oct. 30.

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.