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25 Jan 2010 | 12:01 UTC — New York
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.