More 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 pg 2021 and in the Apagscan.

Conversion factors are as follows: 95 RON Mogas: from USD/BBl to USD/MT multiply by 8.5 from USD/MT to USD/BBL divide by 8.5

Launch date is scheduled for July 13, 2009.

DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION AG AARBP00 u 2 DW USD BBL 92Ron Mogas MOP W India $/Bbl AG AARBP03 c 2 MA USD BBL 92Ron Mogas MOP W India $/Bbl MA AG AARBQ00 u 2 DW USD MT 92Ron Mogas MOP W India $/Mt AG AARBQ03 c 2 MA USD MT 92Ron Mogas MOP W India $/Mt MA