S&P Global Platts proposes an update to the Brazilian Hydrous and Anhydrous ethanol assessments basis ex-mill Ribeirao Preto methodology. Effective April 1, 2019, Platts proposes to update the assessment volumes and standard payment conditions.
Platts proposes to increase the minimum volume for both Hydrous and Anhydrous ethanol assessments basis ex-mill Ribeirao Preto to 500 cu m, from 135 cu m and add a maximum of 1,500 cu m to better reflect the spot market. Other volumes may be considered but would be normalized back to the reference range.
Platts also proposes to clarify the typical payment conditions reflected in the assessments to payment within 10 days after the transfer of physical product.
Platts welcomes all feedback and questions on the proposed methodology change through to January 18, 2019. Please send all questions and feedback to firstname.lastname@example.org with CC to email@example.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 to the public upon request.