Platts clarifies specification of Santos MGO assessment, posted price

Platts, part of S&P Global Commodity Insights, clarifies that its assessment and posted price for MGO in Santos will reflect a maximum 0.1% sulfur effective March 1, 2023, following Petrobras' change in specifications.

Petrobras announced Feb. 28 that it will be supplying only an MGO with a maximum sulfur of 0.1% in Santos effective March 1. Previously the MGO supplied at the port was guaranteed up to 0.5% sulfur.

Beginning March 1, Platts' assessment of MGO in Santos will reflect the MGO with a 0.1% sulfur maximum. The Petrobras posted price will also reflect this 0.1% sulfur maximum MGO price.

Affected assessments:

AAXWO00: Marine Gasoil Delivered Santos

Affected posted price:

PBABT00: Petrobras Marine Gasoil Delivered Santos

There are no changes planned to the other MGO Petrobras posted prices. Platts will continue to monitor changes in supply.

Please send any feedback or questions to Americas_bunkers@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.