Platt launches European HVO daily assessments

In the UK, S&P Global Platts has launched first-to-market hydrotreated vegetable oil (HVO) values in Europe. These daily assessments, which have been provided to the market since August 17, bring additional transparency to the market as the transport industry embraces the energy transition towards less-carbon intensive energy sources. The daily S&P Global Platts HVO cost-based price assessments reflect the cost of HVO produced from used cooking oil on an ex-refinery basis in Northwest Europe. The daily price assessments are published in dollars per metric ton (mt).