Platts corrects Jan 6 gasoline assessment rationale

Please note that Platts has corrected the Jan. 6 rationale for Gasoline Prem Unleaded 10ppmS FOB Med Cargo assessment.

The rationale should read as follows: The FOB Mediterranean gasoline cargo market was assessed at a $1/mt discount to the January FOB Med swap, up from a $1.25/mt discount, off the back of an outstanding competitive bid for $480.20/mt over Jan. 27-31 dates.

A 7 cents/mt contango structure derived from $481/mt January and $483 February Med swaps was applied to the curve.

The correction affects only the rationale, not the assessment. The rationale is published on PGA page 1389 and in Platts European Marketscan.