Agriculture, Energy Transition, Refined Products, Biofuel, Renewables, Jet Fuel

October 28, 2024

Platts lowers minimum GHG savings requirement for SAF FOB FARAG barge assessment to 80% from Oct 28

Following a review of additional feedback, Platts, part of S&P Global Commodity Insights, has lowered the minimum greenhouse gas savings requirement for its sustainable aviation fuel FOB FARAG barge assessments from 85% to 80%, effective Oct 28. Bids, offers and trades for SAF reflecting other GHG savings levels may be considered for the assessments but normalized to the minimum basis level of 80%.

The update impacts the following Platts assessments:

Assessment Symbols

Sustainable Aviation Fuel FOB FARAG $/mt

SUAFA00

Sustainable Aviation Fuel FOB FARAG Premium $/mt

SUAFB00

Sustainable Aviation Fuel FOB FARAG $/mt (Mirror)

SUAEA00

Sustainable Aviation Fuel FOB FARAG Premium $/mt (Mirror)

SUAEB00

Platts launched these market-based SAF price assessments on Sept. 2, in a subscriber note available here: Platts launches daily market-based European sustainable aviation fuel FOB FARAG barge assessment | S&P Global Commodity Insights.

The assessments can be found in the Biofuelscan, European Marketscan, on the Platts Biofuels Alert service and Platts Refined Products Alert service.

Please submit any feedback, comments, or questions to mrts_biofuelsandfeedstocks@spglobal.com and 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.