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23 Jan 2015 | 03:53 UTC — New York
The spread between palm oil and gasoil, also known as POGO, is used by biodiesel and downstream middle distillates market participants as an indication of the price of biodiesel feedstock palm oil compared with the gasoil and diesel markets into which biodiesel is sold.
Assessment will be published in Platts Biofuelscan and Platts Global Biodiesel weekly report and PB market data.
Launch date is scheduled for February 2, 2015.
Vs ICE Gasoil Singapore MOC