03 Jan 2022 | 16:19 UTC

Platts discontinues Petrobras Salvador VLSFO, MGO posted prices

Following a change in Petrobras bunkers posted prices, S&P Global Platts has discontinued the publication of the Petrobras Bunker VLSFO 0.5% and Marine Gasoil prices in Salvador, effective Jan. 3, 2022.

Platts announced plans to discontinue publication of these assessments in a subscriber note published Dec. 15:

https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/121521-platts-to-discontinue-petrobras-salvador-vlsfo-mgo-posted-prices

This follows Petrobras' announcement that it discontinued all bunker supply operations at the port following the sale of the Refineria Landulpho Alves, or RLAM refinery, in the Bahia state.

The Petrobras posted prices for VLSFO and MGO in Salvador have been unchanged since Dec. 1, which was the last time Petrobras provided an update.

All other Petrobras posted prices have updated to reflect the latest values provided by Petrobras.

These third-party prices were databased in Bunkerwire and Latin American Wire and published on page 876 of Platts Global Alert and page 2244 of Platts Shipping Alert.

In Bunkerwire and Latin American Wire they appeared under the table titled Petrobras Bunker Postings.

The affected symbols are:

PUAVC00 - Salvador 0.5%S

PBABV00 - Salvador MGO

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