Platts launches Urals DAP India vs M2 Dubai differential from Jan. 22, 2024

Platts, part of S&P Global Commodity Insights, has launched a differential for Russian Urals DAP India vs M2 Dubai, effective Jan. 22, 2024.

The assessment of DAP (Delivered At Place) West Coast India (WCI) Russian Urals differential to M2 Dubai swaps follows market support for an additional assessment versus Dubai, following the launch of Urals DAP India vs M1 Dubai on Aug. 1, 2023.

The new assessment reflects the spread between Platts Urals DAP India [DWCUA00] and the prevailing value of M2 Dubai derivatives assessment at London close [DFLL002].

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