SUBSCRIBER NOTE: Platts corrects February 17 Med diesel cargo rationale

Platts has corrected the February 17 CIF Mediterranean ultra low sulfur diesel cargo assessment rationale, not the assessment.

The rationale is published in the European Marketscan and on PGA page 1456. It should read as follows:

The CIF Mediterranean ultra low sulfur diesel cargo assessment was based on the following inputs: an outstanding bid for delivery between March 9-13 proved competitive at an equivalent premium of $4.91/mt to front-month low sulfur gasoil futures. Facing this bid, an outstanding offer for delivery between March 7-13 proved competitive at an equivalent premium of $3.69/mt to front-month low sulfur gasoil futures. Value was taken at the mid-point between the bid and the offer and below the offer on dates where the offer alone was outstanding. A 24 cents/day contango structure was applied over alternative dates as implied by the underlying swaps curve.