04 Aug 2010 | 06:53 UTC — New York

New European biofuels codes

The following codes were created in dispatch category EB.

They represent daily assessments, weekly averages and monthly averages of rapeseed methyl ester and soy methyl ester which are used as biofuels.

These assessments will be published in European Marketscan and on PCA pages to be announced.

Launch date is scheduled for September 1, 2010.

RME = Rapeseed Methyl Ester SME = Soy Methyl Ester

DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION EB AAUCA00 hl 2 DW USD MT RME FOB ARA $/Mt EB AAUCA04 hl 2 WA USD MT RME FOB ARA $/Mt WAvg EB AAUCA03 hl 2 MA USD MT RME FOB ARA $/Mt MAvg EB AAUCB00 hl 2 DW USD MT SME FOB ARA $/Mt EB AAUCB04 hl 2 WA USD MT SME FOB ARA $/Mt WAvg EB AAUCB03 hl 2 MA USD MT SME FOB ARA $/Mt MAvg