11 Apr 2011 | 07:26 UTC — New York

Revising NWE ethanol conversion factor from April

Following industry feedback, Platts will revise its current metric tons to cubic meters European ethanol conversion factor from 0.7925 to 0.7887.

This change was implemented on April 1, 2011.

Corrected data will be sent out today, April 11, 2011.

April monthly averages will carry correct conversion factor and data.

Data will be resent for following daily assessments. AAYEF00 - Ethanol CIF NWE $/Mt AAYEF03 - Ethanol CIF NWE $/Mt MAvg AAYEG00 - Ethanol FOB Rdam Eur/Mt AAYEG03 - Ethanol FOB Rdam Eur/Mt MAvg AAWWE00 - Ethanol FOB T1 Rdam $/Mt AAWWE03 - Ethanol FOB T1 Rdam $/Mt MAvg AAWWE04 - Ethanol FOB T1 Rdam $/Mt WAvg

These daily assessments and monthly averages will just have their conversion factor to metric tons adjusted, no data needs to be corrected.

AAYDS00 - Ethanol CIF NWE $/Cm AAYDS03 - Ethanol CIF NWE $/Cm MAvg AAYDT00 - Ethanol T2 FOB Rdam Eur/Cm AAYDT03 - Ethanol T2 FOB Rdam Eur/Cm MAvg AAWUQ00 - Ethanol FOB T1 Rdam $/Cm AAWUQ03 - Ethanol FOB T1 Rdam $/Cm MAvg AAWUQ04 - Ethanol FOB T1 Rdam $/Cm WAvg