Platts introduces Asian ethanol assessments

The following codes represent daily assessments, weeklyaverages and monthly averages of Asian fuel-grade ethanol,basis CIF Philippines and FOB Singapore, both in $/cubic meters. The CIF Philippines assessments comprise of three separate high-low prices - the current month plus one month assessment (M1), the current month plus two months assessment (M2) and the marker assessment (the mathematical average of M1 plus M2). This is to reflect products for delivery 45-60 days forward from the date of publication. The FOB Singapore assessment comprises of one set of high-low prices reflecting products for loading 15-30 days forward from the date of publication.

These assessments will be published in the Asian Petrochemicalscan, APAG Marketscan and on PCA pages to be announced.

Launch date is scheduled for March 7, 2011.