New MOP W India Oil Netback codes introduced

Commodity: Oil Region: Asia

The following codes were created in dispatch category AG.

They represent Platts' assessment of the value of products loading out of ports along the West Coast of India, normalized to Jamnagar, using netback values derived by subtracting shipping costs from the spot market price assessed every day for Singapore.

Daily numbers will be published on PGA page 2021 and in Asia Pacific/Arab Gulf Marketscan (APAG Marketscan).

Conversion factors are as follows:

95 RON Mogas: from USD/BBl to USD/MT multiply by 8.4 from USD/MT to USD/BBL divide by 8.4 Naphtha: from USD/BBl to USD/MT multiply by 9 from USD/MT to USD/BBL divide by 9 Jet Kero: from USD/BBl to USD/MT multiply by 7.9 from USD/MT to USD/BBL divide by 7.9 Gasoil 10 PPM: from USD/BBl to USD/MT multiply by 7.62 from USD/MT to USD/BBL divide by 7.62 Gasoil 500 and 2500 PPM: from USD/BBl to USD/MT multiply by 7.45 from USD/MT to USD/BBL divide by 7.45

Launch date is scheduled for June 1, 2009.

DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION AG AAQWH00 u 2 DW USD BBL 95Ron Mogas MOP W India $/Bbl AG AAQWH03 c 2 MA USD BBL 95Ron Mogas MOP W India $/Bbl MA AG AAQWI00 u 2 DW USD MT 95Ron Mogas MOP W India $/Mt AG AAQWI03 c 2 MA USD MT 95Ron Mogas MOP W India $/Mt MA AG AAQWJ00 u 2 DW USD BBL Naphtha MOP W India $/Bbl AG AAQWJ03 c 2 MA USD BBL Naphtha MOP W India $/Bbl MA AG AAQWK00 u 2 DW USD MT Naphtha MOP W India $/Mt AG AAQWK03 c 2 MA USD MT Naphtha MOP W India $/Mt MA AG AAQWL00 u 2 DW USD BBL Jet Kero MOP W India $/Bbl AG AAQWL03 c 2 MA USD BBL Jet Kero MOP W India $/Bbl MA AG AAQWM00 u 2 DW USD MT Jet Kero MOP W India $/Mt AG AAQWM03 c 2 MA USD MT Jet Kero MOP W India $/Mt MA AG AAQWN00 u 2 DW USD BBL Gsl 10 PPM MOP W India $/Bbl AG AAQWN03 c 2 MA USD BBL Gsl 10 PPM MOP W India $/Bbl MA AG AAQWO00 u 2 DW USD MT Gsl 10 PPM MOP W India $/Mt AG AAQWO03 c 2 MA USD MT Gsl 10 PPM MOP W India $/Mt MA AG AAQWP00 u 2 DW USD BBL Gsl 500 PPM MOP W India $/Bbl AG AAQWP03 c 2 MA USD BBL Gsl 500 PPM MOP W India $/Bbl MA AG AAQWQ00 u 2 DW USD MT Gsl 500 PPM MOP W India $/Mt AG AAQWQ03 c 2 MA USD MT Gsl 500 PPM MOP W India $/Mt MA AG AAQWR00 u 2 DW USD BBL Gsl 2500 PPM MOP W India $/Bbl AG AAQWR03 c 2 MA USD BBL Gsl 2500 PPM MOP WIndia $/Bbl MA AG AAQWS00 u 2 DW USD MT Gsl 2500 PPM MOP W India $/Mt AG AAQWS03 c 2 MA USD MT Gsl 2500 PPM MOP W India $/Mt MA