Overview

The demand for sustainable aviation fuel (SAF) is increasing, as airlines work to fulfill their environmental, social, and corporate governance (ESG) requirements. With the support of low-carbon fuel standard programs along the US west coast, and federal tax credits, SAF is quickly becoming a highly sought-after commodity.

Argus SAF price assessments provide visibility into the true value of the fuel, with fair and reflective daily prices for this growing and increasingly important renewable fuel market.

Argus publishes a range of SAF prices for the US market:

  • Argus SAF del US West Coast
  • Argus SAF100 (tallow-based) del California
  • Argus SAF100 (tallow-based) del Illinois
  • Argus SAF100 (tallow-based) del USGC

Price assessment details

What are the advantages of the Argus US SAF price assessments?

All Argus SAF assessments reflect real market activity and are based on market inputs gathered from a wide range of sources that participate in the physical market.

Providing transparency to the US SAF market 

The Argus price for US West Coast SAF is published daily in cents/USG and is assessed as the differential of sustainable aviation fuel to Los Angeles conventional prompt jet fuel, excluding federal and state environmental credits. This assessment provides pricing transparency of an opaque market and enable the industry to respond faster to changing market conditions. The Argus prices for SAF100 is published daily as a calculated price for tallow-based 100pc sustainable aviation fuel (SAF100) sold into California. The price is the sum of the value of fossil jet fuel and the value of LCFS credits and RINs. The weighted average of CI pathways and LCFS credit values are published separately.

Who uses these assessments? 

The SAF market has various stakeholders with different needs and interests. They include:

  • Producers who need a market value for their SAF.
  • Fuel suppliers who need to know the best blending option for renewable fuels.
  • Feedstock originators who need to price their feedstock based on the SAF value.
  • Traders who connect SAF producers and suppliers across the world.
  • Analysts who need a valuation tool for renewable fuels for investment purposes.
  • Risk managers who need to control SAF-related financial exposure.
  • Road transport companies and other fuel consumers who are supplied SAF on term contracts.
  • SAF market participants who are interested in alternative or more frequently traded hydrotreated products.

Key price assessments

Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.