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24 Feb 2012 | 07:44 UTC — London
Effective February 15, Platts began reflecting intermediate grades of 10 ppm sulfur diesel on a prorated basis in its 10 ppm barge FOB ARA assessments.
February 21 was the last day on which winter ULSD could be bid or offered. Winter spec was given a progressively lighter weighting up to February 24.
Effective April 2, Platts proposes to start reflecting summer grades of 10 ppm sulfur diesel on a pro-rated basis in its 10ppm barge FOB ARA assessments, with April 4 being the last day on which intermediate can be bid or offered. Intermediate spec will be given a progressively lighter weighting up to April 10.
A spreadsheet detailing the changes is available on request. Any comments please email europe_products@platts.com.