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20 Jan 2022 | 23:39 UTC
S&P Global Platts is proposing to launch Group 3 suboctane (V grade) gasoline supplemental assessments, effective Feb. 28, based on observed continued spot market liquidity of winter-grade suboctane during the first few weeks of the spring RVP transition.
The proposed assessments aim to fill market demand during the largest RVP change of the year from 13.5 psi RVP to 8.5 psi RVP.
Supplemental outright and differential assessments for Group 3 suboctane (V grade) would reflect 13.5 psi RVP product and would run concurrently with the 8.5 psi RVP main assessment for two weeks.
In 2022, the main Group 3 suboctane assessment will shift to 8.5 psi RVP on Feb. 28 based on the Magellan Pipeline schedule. The proposed supplemental assessment would run Feb. 28-March 15 at 13.5 psi RVP.
For more details on upcoming RVP changes for the year, please download the Platts 2022 RVP Calendar at http://plts.co/eDUK30l65Rg.
Please provide comments or feedback on this proposal by Feb. 4, 2022, to americas_products@spglobal.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.