SUBSCRIBER NOTE: Platts proposes Linden, New Jersey, gasoline assessments

Platts proposes to launch new conventional unleaded 87 and CBOB assessments on the US Atlantic Coast reflecting the value of product coming off the Colonial Pipeline at Linden, New Jersey. The evolution of the gasoline and blendstocks marketplace on the US Atlantic Coast has led to increased visibility of spot trades for both conventional gasoline and CBOB as they come off the Colonial Pipeline at Linden. Platts proposes to launch assessments for delivery into Linden reflecting a minimum volume of 25,000 barrels and maximum volume of 75,000 barrels. Platts will assess the first full pipeline cycle available for trade in the market on any given day. The RVP level will be consistent with the lowest fungible grade allowed on the Colonial Pipeline at that time of year. The market will be assessed on an FOB, ex-pipe basis. Colonial Pipeline shipments are scheduled according to cycles. There are typically six cycles per month, for a total of 72 cycles per year. Platts proposes to assess the first full shipping cycle, which would be the next cycle after each prompt cycle currently delivering into Linden. For example, on January 20, if Cycle 2 is currently delivering product at Linden up until January 22, then the Platts assessments at Linden would reflect product coming up the line on Cycle 3. Both assessments will roll to the next cycle at the same time. For conventional unleaded 87, denoted as M grade by Colonial Pipeline, Platts will reflect octane of min 87 (R+M)/2, Lead of max 0.01 g/ gal, Gravity of max 62 API. For CBOB, Platts will reflect octane of min 82 (R+M)/2 before blending with 10% denatured ethanol, sulfur of max 80ppm. Please send comments and feedback by February 1 to americas_products@platts.com and pricegroup@platts.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.