09 Jun 2011 | 05:20 UTC — New York

Platts to add 'c' (close) bates to Asian biofuel symbols

Effective July 1, 2011, Platts will add a close (c) bate to the following codes to effectively capture their midpoints.

Also effective at that time, Platts will increase the decimal place settings to 3 and introduce a weekly average.

The weekly average will launch July 8, 2011, for averges encompassing week of July 4, 2011, through July 8, 2011.

The daily symbols will be found from July 1, 2011, on PGA2080 and PCA2080.

The weekly average will be found on PGA2082/PCA2082.

'c' bates will be backfilled for AAVSV00 and PHALF00 starting July 5, 2011.

The codes affected are as follows:

MDC
SYMBOL
BATES
DEC
FREQ
CURR
UOM
DESCRIPTION
CS
AAVSV00
hlc
3
DW
USD
MT
Biodiesel FOB SE Asia $/Mt
CS
PHALF00
hlc
3
DW
USD
MT
MTBE FOB Spor
CS
AAVSV04
hlc
3
WA
USD
MT
Biodiesel FOB SE Asia $/Mt WAvg