SUBSCRIBER NOTE: Platts proposes new Europe distillate swap assessments

Platts proposes to launch new European swaps assessments for jet fuel, ultra low sulfur diesel, and gasoil trading against the ICE low sulfur gasoil futures contract. Platts proposes that the new assessments be launched on May 1, 2014. Currently, Platts assesses jet fuel, ultra low sulfur diesel, and gasoil swaps against the ICE 0.1% gasoil futures contract. Those assessments will remain in place until the legacy 0.1% gasoil futures contract becomes extinct. The following markets would be affected: Gasoil CIF Med cargoes Gasoil CIF NWE cargoes Gasoil 0.1% FOB Rotterdam barges Jet CIF NWE cargoes ULSD CIF Med cargoes ULSD CIF NWE (ARA) cargoes ULSD FOB Rotterdam barges Platts welcomes feedback and questions to europe_products@platts.com, with a cc to pricegroup@platts.com. Please send all comments by March 7. For written comments, please provide a clear indication if the 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.