SUBSCRIBER NOTE: Platts proposes to launch FOB Japan gasoil assessment

S&P Global Platts proposes launching an FOB Japan gasoil assessment with effect from May 2, 2018.

The proposed launch reflects changing patterns in trading of spot physical gasoil from Japan. The new assessment will better capture the current market's export flows from Japan, which have become a significant proportion of waterborne trades in Asia in recent years.

The assessment will be derived by using Platts Japan Domestic Oil Waterborne gasoil assessment, with cost normalized for the export market, including the removal of the implied taxed value. The final assessment will also be converted from Yen per kiloliters to US dollar per barrel.

The publication schedule of the new assessment will be based on Platts' existing publication schedule for Japan domestic oil assessments.

Separately, Platts proposes to discontinue the FOB Okinawa and C+F Japan gasoil assessments from October 1, 2018.

The daily FOB Okinawa 10 ppm sulfur gasoil and C+F Japan 10 ppm sulfur gasoil assessments can be found on PGA 2006, 2404, 2405, 2430 and 2431, and on the Platts Asia Pacific/Arab Gulf Marketscan.

Please send all feedback or questions by March 30, 2018, to asia_products@spglobal.com and pricegroup@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.