S&P Global Commodity Insights Launches Daily Platts Pork Price Assessments for EU Exports and North Asia Imports
S&P Global Commodity Insights has launched daily spot physical price assessments for pork in Europe and North Asia, effective November 1. The new assessments include the Platts EU Pork Marker (EUPM) for frozen pork belly in Barcelona, Spain, and the Pork Belly Cost and Freight (CFR) North Asia assessment for deliveries to Busan, South Korea. This expansion complements their existing protein price assessments for chicken, beef, and seafood, enhancing transparency in the global pork market where consumption reaches 118.3 million metric tons annually. Pork represents 40% of global per capita consumption and 68.6% in China.
S&P Global Commodity Insights ha lanciato valutazioni giornaliere dei prezzi fisici spot per la carne di maiale in Europa e in Asia settentrionale, a partire dal 1 novembre. Le nuove valutazioni includono il Platts EU Pork Marker (EUPM) per la pancetta di maiale congelata a Barcellona, Spagna, e la valutazione Pork Belly Cost and Freight (CFR) Asia del Nord per le consegne a Busan, Corea del Sud. Questa espansione completa le loro valutazioni esistenti sui prezzi delle proteine per pollo, manzo e frutti di mare, migliorando la trasparenza nel mercato globale del maiale dove i consumi raggiungono i 118,3 milioni di tonnellate metriche all'anno. La carne di maiale rappresenta il 40% del consumo globale pro capite e il 68,6% in Cina.
S&P Global Commodity Insights ha lanzado evaluaciones diarias de precios spot físicos para carne de cerdo en Europa y Asia del Norte, efectivas a partir del 1 de noviembre. Las nuevas evaluaciones incluyen el Platts EU Pork Marker (EUPM) para panceta de cerdo congelada en Barcelona, España, y la evaluación Pork Belly Cost and Freight (CFR) Asia del Norte para entregas en Busan, Corea del Sur. Esta expansión complementa sus evaluaciones existentes de precios de proteínas para pollo, carne de res y mariscos, mejorando la transparencia en el mercado global del cerdo, donde el consumo alcanza los 118,3 millones de toneladas métricas anualmente. La carne de cerdo representa el 40% del consumo per cápita global y el 68,6% en China.
S&P Global Commodity Insights가 유럽과 북아시아의 돼지고기에 대한 일일 현물 가격 평가를 11월 1일부터 시작했습니다. 새로운 평가는 스페인 바르셀로나의 냉동 삼겹살에 대한 Platts EU Pork Marker (EUPM)과 한국 부산으로의 배송에 대한 Pork Belly Cost and Freight (CFR) North Asia 평가를 포함합니다. 이번 확장은 기존의 치킨, 소고기, 해산물에 대한 단백질 가격 평가를 보완하며, 전세계 연간 돼지고기 소비가 1억 1,830만 톤에 달하는 시장에서의 투명성을 높입니다. 돼지고기는 전 세계 1인당 소비의 40%와 중국에서 68.6%를 차지합니다.
S&P Global Commodity Insights a lancé des évaluations quotidiennes des prix spot physiques pour le porc en Europe et en Asie du Nord, à compter du 1er novembre. Les nouvelles évaluations comprennent le Platts EU Pork Marker (EUPM) pour la poitrine de porc congelée à Barcelone, Espagne, et l'évaluation Pork Belly Cost and Freight (CFR) Asie du Nord pour les livraisons à Busan, Corée du Sud. Cette expansion complète leurs évaluations existantes des prix des protéines pour le poulet, le boeuf et les fruits de mer, améliorant la transparence sur le marché mondial du porc où la consommation atteint 118,3 millions de tonnes métriques par an. Le porc représente 40 % de la consommation mondiale par habitant et 68,6 % en Chine.
S&P Global Commodity Insights hat am 1. November tägliche Spotpreise für Schweinefleisch in Europa und Nordostasien eingeführt. Die neuen Bewertungen umfassen den Platts EU Pork Marker (EUPM) für gefrorenen Schweinebauch in Barcelona, Spanien, und die Bewertung Pork Belly Cost and Freight (CFR) Nordostasien für Lieferungen nach Busan, Südkorea. Diese Erweiterung ergänzt ihre bestehenden Preisbewertungen für Hähnchen, Rindfleisch und Meeresfrüchte und verbessert die Transparenz auf dem globalen Schweinefleischmarkt, auf dem der Verbrauch jährlich 118,3 Millionen metrische Tonnen erreicht. Schweinefleisch macht 40 % des weltweiten Pro-Kopf-Verbrauchs aus und liegt in China bei 68,6 %.
- Launch of new price assessment tools enhances market transparency
- Expansion into protein markets strengthens S&P Global's market coverage
- Strategic focus on world's largest export market (EU) and top importing region (Asia)
- None.
Insights
The launch of daily pork price assessments by S&P Global Commodity Insights represents a strategic expansion in market data services, addressing a significant gap in price transparency for the global pork trade. With global pork consumption at 118.3 million metric tons annually and making up
The timing is strategic, given China's dominant
According to S&P Global Commodity Insights, global pork consumption has steadily grown to the current rate of about 118.3 million metric tons per year and is expected to continue an upward trajectory. Globally, pork continues to be the protein of choice across
The Platts EU Pork Marker (EUPM) will reflect the spot physical value of frozen pork belly (bacon) on a Free Carrier (FCA) basis,
Platts' deeper expansion into proteins significantly enhances transparency across the wider food value chain, and extends its existing coverage of animal feeds, including grains and oilseeds. This launch means Platts delivers a comprehensive spectrum of cross-market price fundamentals and insights, empowering customers to make more informed decisions.
"Our pork price assessments from the EU bring greater price transparency to the world's largest export market and our
Platts protein assessments are published in Protein Daily, Platts Connect, and on Commodity Insights LIVE, where they are free to view. Register at www.ciLIVE.com.
S&P Global Commodity Insights has been covering agriculture markets for more than 15 years, including Platts suite of existing assessments and benchmarks in grains, oilseeds, vegetable oils, animal feed, plant protein markets, and as of June 3rd – animal protein markets – chicken and beef. For details of S&P Global Commodity Insights' protein and agriculture offerings, visit: agribusiness industry solutions.
Media Contacts:
Americas: Kathleen Tanzy + 1 917-331-4607, kathleen.tanzy@spglobal.com
Jeff Marn +1 202-560-0776, jeff.marn@spglobal.com
EMEA: Paul Sandell + 44 (0)7816 180039, paul.sandell@spglobal.com
About S&P Global Commodity Insights
At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.
We're a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.
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