Platts to announce decision on merchantability of Russian material in its Asia fuel oil, bunker assessments March 1

Platts, part of S&P Global Commodity Insights, has concluded its market consultation on the merchantability of Russian material in the Asia fuel oil cargo and bunker markets and will announce its decision on the review via a subscriber note on March 1 at 10 am SGT.

Platts formally invited feedback on the subject starting Feb. 10 following an announcement of a price cap on seaborne Russian petroleum products by a G7-led coalition. The subscriber note announcing the consultation process is available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/021023-platts-invites-feedback-on-merchantability-of-russian-material-in-asia-fuel-oil-bunker-assessments

In a subscriber note published Feb. 6, Platts announced that it would consider for publication bids, offers and indications to trade that include restrictions on origin effective immediately. https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/020623-platts-may-publish-origin-restricted-information-in-asia-hsfo-moc-process

Please send all feedback, questions, or comments 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 S&P Global for public viewing. S&P Global will consider all comments received and will make comments not marked as confidential available to the public upon request.