03 Jan 2017 | 11:12 UTC — London

SUBSCRIBER NOTE: Platts amends FOB NWE LSSR Cargoes density

Platts has amended the density specifications reflected in its assessments of FOB NWE Low Sulfur Straight Run (LSSR) 0.5-0.7% sulfur cargoes, in line with subscriber notes published on June 14 and July 22, 2016. The change is effective from January 3, 2017.

Platts previously assessed FOB NWE LSSR meeting the specifications of 0.935-0.950 at 15 degrees centigrade. This has now been amended to 0.920-0.950 at 15 degrees centigrade.

A conversion factor between barrels and metric tonnes of 6.77 continues to be used following the change, in line with prevailing market standards.

Platts analysed the density of a range of LSSR streams in the region and concluded that the proposed density represents more fully the underlying physical market.

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