25 Jan 2010 | 12:01 UTC — New York

Change to USGC distillates MOC headlines January 29

Platts will launch eWindow software for its US Gulf Coast distillates assessment process for Colonial Pipeline grades on Friday, January 29.

This will create a different format for published bid and offer headlines on PGA page 400.

For example, a headline that currently appears as " USGC Distillates: C8 61: Company XXX bids Mar -3.00 cts/gal, 25kb" would instead be published as "Platts Distillates 61 USGC C08, Company XX bids Mar $-0.0300/gal for 25."

In the new headline structure, the volume being bid for will be expressed as a multiple of 25,000 barrels, with a minimum volume of 25,000 barrels.

Also, differentials are expressed in $/gal, rather than cents/gal.

Company short-form names may also appear differently.

For questions and comments please contact David Ruisard, +1 713-658-3224, Yahoo ID: platts_usgc1, or by email at david_ruisard@platts.com.