01 Feb 2017 | 08:49 UTC — Singapore

SUBSCRIBER NOTE: Platts launches current month IODEX swap assessment

S&P Global Platts has launched a current month IODEX swap assessment in light of market demand for this price series. The current month swap assessment launched February 1, 2017. It complements existing forward curve coverage, which provides prompt month (front-month, second-month and third-month) and near-term quarterly values. For example, a current month swap assessment if assessed today reflects the February swap strip in February. Platts would assess the current month value until liquidity moves on to the front month strip. A current month swap value has been requested by market participants as index-linked cargoes are often priced off a present month average, especially if transacted at the start of the month. Please send any feedback to IODEX@spglobal.com and pricemethodology@spglobal.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.