Platts proposes to change assessment months for FOB Indonesia CPO, RBDP Stearin, PFAD

S&P Global Platts proposes to change the assessment laycan for its daily assessments of FOB Indonesia Crude Palm Oil (CPO), Palm Fatty Acid Distillates (PFAD) and Refined Bleached and Deodorized Palm (RBDP) Stearin to individual assessments month for the first and second month, effective March 16.

The assessment laycans will roll over on the first publication day after the 15th. For example, from Nov. 16 - Dec. 15, the FOB Indonesia CPO, PFAD, and RBDPS assessments will reflect parcels loading over December and January, while from Dec. 16-Jan. 15, the assessments will reflect parcels loading in January and February.

CPO FOB Indonesia
ACPOA00
Second Month ahead of publication date
Separate assessments for Month 1 and Month 2 ahead of the publication date
PFAD FOB Indonesia
APFAD00
Average of Second and Third Month ahead of publication date
Separate assessments for Month 1 and Month 2 ahead of the publication date
RBDP Stearin FOB Indonesia
ARBSA00
Average of Second and Third Month ahead of publication date
Separate assessments for Month 1 and Month 2 ahead of the publication date

The first and second month will better match the physical market liquidity as per S&P Global Platts FOB Indonesia CPO, PFAD, RBDPS assessment specifications. For example between Nov. 16 and Nov. 30, S&P Global Platts FOB Indonesia CPO, PFAD and RBDPS first month assessments will reflect loading during full December, and between Dec. 1 and Dec. 15 will reflect loading in the second half of December.

Please send all feedback and questions by Feb. 9 to asia_ags@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 to the public upon request.