Platts includes AvGuard SDA in Singapore gasoil

Following a continued review of recognized additives reflected in its FOB Singapore gasoil assessments, Platts, part of S&P Global Commodity Insights, has added AvGuard Static Dissipating Additive by Afton Chemical to the list of recognized additives reflected in its Market on Close assessment process from March 1, 2024.

Platts understands that the given additive has broad market acceptance and/or has been consumed in around the region, and is reflected in the key regional national chemical inventory.

Platts first proposed the inclusion of the additive in a subscriber note published July 19, 2023: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/071923-platts-proposes-including-aftons-avguard-sda-in-singapore-gasoil

The list of Platts gasoil recognized additives is intended to provide clarity to market participants regarding which additives are generally considered to be merchantable and accepted for cargoes delivered through the Platts MOC assessment process in Singapore.

Platts does not align its FOB Singapore additives acceptance to any particular importing country.

For the full list of previously identified additives, please see http://plts.co/V0Ax30ru2Yi

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