stressed the need for aviation to remain affordable, The latest SAF prices assessed by Platts, part of especially in the markets that are growing fastest, S&P Global Energy, show overall increases in the last six months of 2025, but with regional diversity decarbonization could stifle demand. From one angle, this highlights once more the trade-offs In Europe, SAF prices achieved two-year highs, between growth, cost and carbon emissions. From approaching $3,000/metric tonne towards the another angle, it may explain the active industry end of 2025 - a premium of over $2,000/metric to an average price of around 2,250/metric tonne In last year's edition of this report, stakeholders had in Europe in 2024.152 In Asia-Pacific, similar price hikes have been seen, although peaks reached challenges for 2025. The increase in SAF production lower highs than in Europe. In the US, SAF prices capacity discussed in Chapter 2 has not, however, remained lower, as a result of tax incentives, with requires further analysis in this 2026 edition. kerosene) - and conventional jet fuel (kerosene), delivered onto a barge at the port of origin (FOB or free on board) in the FARAG region (Flushing, Amsterdam, Rotterdam, Antwerp, Ghent)."Spread" = difference between prices for neat SAF and jet kerosene, also known as the “green premium"