# Brazil Bases Diesel Price Formula on S&P Global Platts Price Assessments - Aug 8, 2018

> S&P Global Platts reports that Brazil's ANP is using Platts US Gulf Coast ULSD and RVO assessments in a daily reference price formula for the diesel subsidy program under Decree 9.403/2018. The formula determines subsidy payments to diesel sellers across Brazil.

- Date: 2018-08-08 · published 2018-08-08T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/63729-brazil-bases-diesel-price-formula-on-s-and-p-global-platts-price-assessments
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Brazil's subsidy formula sets domestic diesel reference prices that affect Brazilian transport and farm logistics costs, with limited direct effect on feed commodity prices.

## Read by commodity

- DIESEL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2024-12-30 | [COMMODITIES 2025: US biomass-based diesel market faces cost, regulatory challenges \| S&P Global](https://feedsoft.ai/events/15157-commodities-2025-us-biomass-based-diesel-market-faces-cost-regulatory.md) | +5.6% | +10.3% |
| DIESEL | 2022-02-07 | [FEATURE: Renewable diesel producers racing for the finish line as credits under pressure \| S&P Global](https://feedsoft.ai/events/15420-feature-renewable-diesel-producers-racing-for-the-finish-line-as-credits-under.md) | +3.1% | +39.8% |
| DIESEL | 2026-09-02 | [CBOT soybean oil rises 7.2% as EPA reallocation shifts biofuel outlook \| S&P Global](https://feedsoft.ai/events/14992-cbot-soybean-oil-rises-7-2-as-epa-reallocation-shifts-biofuel-outlook-s-and-p.md) | +2.7% | +6.2% |
| DIESEL | 2025-03-31 | [Imminent Mediterranean Clean Fuel Rule Inverts Diesel Prices - Bloomberg](https://feedsoft.ai/events/25786-imminent-mediterranean-clean-fuel-rule-inverts-diesel-prices-bloomberg.md) | -7.6% | -3.9% |
| DIESEL | 2022-04-29 | [Oil prices reverse late in session as heating oil contract plunges](https://feedsoft.ai/events/41753-oil-prices-reverse-late-in-session-as-heating-oil-contract-plunges.md) | -13.3% | -22.6% |

## Sources

- press.spglobal.com: https://press.spglobal.com/2018-08-08-Brazil-Bases-Diesel-Price-Formula-on-S-P-Global-Platts-Price-Assessments

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.