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07 Mar 2022 | 12:12 UTC
Effective March 7, S&P Global Commodity Insights will start reflecting summer grade specifications on a pro-rated basis in its Platts CIF NWE ULSD cargoes (AAVBG00), CIF UK ULSD (AAVBH00), CIF Med ULSD (AAWYZ00) cargoes assessments, and in its CIF Med Gasoil cargo (AAVJJ00) assessments. The change also affects the related netbacks.
The following calendar applies:
Winter-to-Summer transition:
- March 7: First day of reflecting summer-grade
- March 11: First full five day period reflecting summer-grade
- March 17: Last full five-day period reflecting winter-grade
- March 21: Last day reflecting winter-grade
- March 22: Summer-grade fully reflected
A spreadsheet detailing the changes is available on request. Please send any comments or questions to europe_products@spglobal.com and copy 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 upon request.