New York (Platts)--30Jul2010/1054 am EDT/1454 GMT
Platts has reviewed requests from participants in the European biodiesel
market and is now proposing to introduce the assessments of biodiesel grades
Soy Methyl Ester (SME) and Rapeseed Methyl Ester (RME) from September 1, 2010.

The new SME assessment will reflect product that conforms to EN 14214, with
maximum Iodine at 135g/100g and minimum Cetane of 47 and cold filter plugging
point (CFPP) set at minus 3 degrees Celsius maximum year round. The RME
assessed will conform to EN 14214 with CFPP set at minus 12 degrees Celsius
maximum year round.

Biodiesel blended with any non-bio additives will not be included in the
assessment, with the exception of the BHT anti-oxidant. The assessment would
exclude tax refunds or other rebates. Platts' assessment reflects material
congruent with German biomass law. The RME assessment will reflect material
with maximum water content of 300 ppm, while the SME assessment will reflect
material with maximum water content of 400 ppm. The assessments reflect barges
of 1,000-3,000 mt, FOB ARA basis Rotterdam, loading 10-25 days from date of
publication with prices normalized to the mid-point of this range.

Please direct any feedback or queries to Ilana Djelal at
ilana_djelal@platts.com or Isis Almeida, email isis_almeida@platts.com, copy
petchems@platts.com and pricegroup@platts.com by July 31, 2010.