SUBSCRIBER NOTE: Platts launches new Latin American refined products assessments

Platts has launched eight refined product assessments in Latin America following a formal review that began June 19, 2015.

These new assessments, launched Monday, February 1, 2016, reflect significant changes in trade, import and export flows for different refined products in Latin America in recent years.

Platts will add a new assessment in Eastern Mexico on a CIF Tuxpan basis for ULSD and the RBOB gasoline blend designated for use in Mexico City meeting the country's specifications, delivering 7-21 days forward in parcels of 250,000-350,000 barrels, priced in dollars/barrel.

In Colombia, Platts will add an assessment on a DES Colombia basis for diluent naphtha meeting Ecopetrol's specifications, delivering 15-30 days forward in parcels of 170,000-180,000 barrels, priced in dollars/barrel.

In Ecuador, Platts will assess ULSD and RON 93 gasoline on a CIF Esmeraldas basis, meeting Petroecuador's specifications, delivering 15-30 days forward in parcels of 200,000-300,000 barrels, priced in dollars/barrel.

In Peru, Platts will assess ULSD on a CIF Peru basis meeting Petroperu's specifications, delivering 15-30 days forward in parcels of 250,000-350,000 barrels, priced in dollars/barrel. Platts will also assess natural gasoline on a FOB Pisco basis, loading 7-21 days forward in parcels of 300,000 barrels.

In Argentina, Platts will add an assessment for ULSD meeting YPF's specification on a CIF La Plata basis delivering 15-30 days forward in parcels of 250,000-350,000 barrels, priced in dollars/barrel.

For all these assessments, Platts will publish outright values reflecting a 2:15 pm Houston time stamp.

In the absence of firm bids, offers or trades for these specific commodities Platts will analyze spread differentials to related markets, such as US Gulf Coast products.

Assessment Price database code Monthly average code Eastern Mexico RBOB AAXWA00 AAXWA03 Eastern Mexico ULSD AAXWE00 AAXWE03 Colombia diluent naphtha AAXYB00 AAXYB03 Ecuador RON 93 AAXYC00 AAXYC03 Ecuador ULSD AAXWF00 AAXWF03 Peru natural gasoline AAXWD00 AAXWD03 Peru ULSD AAXWY00 AAXWY03 Argentina ULSD AAXWZ00 AAXWZ03

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