Platts updates publication of Petrobras bunkers posted prices

Following a change in Petrobras bunkers posted prices, S&P Global Platts has discontinued the low and high for Petrobras Bunker Postings for 0.5%S VLSFO and MGO and is publishing a single center value, effective Jan. 3, 2022.

This follows a change from Petrobras in how it provides its posted prices.

Platts announced plans to discontinue the low and the high in a subscriber note published Oct. 14: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/101421-platts-to-update-publication-of-petrobras-bunkers-posted-prices

Petrobras bunkers posted prices were historically published as a range. Beginning Oct. 5, Petrobras began only publishing a single value. Platts' posted prices historically reflected the published high and low range, with the center calculated as the midpoint of the range. Beginning Oct. 14, Platts' posted prices began reflecting only Petrobras' center value, and the low and high range were equal to the published center value.

These third-party prices are 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 appear under the table titled Petrobras Bunker Postings.

S&P Global Platts is separately discontinuing the publication of the Petrobras Bunker VLSFO 0.5%S and Marine Gasoil prices in Salvador, effective Jan. 3, 2022, in line with a change from Petrobras: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/010322-platts-discontinues-petrobras-salvador-vlsfo-mgo-posted-prices

The affected symbols are:

PUAVA00 - Paranagua 0.5%S

PUAVD00 - Santos 0.5%S

PUAVB00 - Rio de Janeiro 0.5%S

PBABS00 - Paranagua MGO

PBABT00 - Santos MGO

PBABU00 - Rio de Janeiro MGO

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