SUBSCRIBER NOTE: Platts proposes to standardize NWE diesel, gasoil barge processes

Effective April 27, in the Platts Northwest European 0.1% gasoil and ULSD barge Market on Close assessment process, Platts proposes to reflect floating price bids, offers and transactions that price on an average of Platts mean assessments for the five-day loading laycan. The 5% operational tolerance of the barge will price on the next available published assessment after bill of lading at the same differential as the main volume.

Platts also proposes that the outright price in flat price bids, offers and transactions applies to the full loaded volume.

Please send any comments or questions to europe_products@platts.com and copy pricegroup@platts.com. The deadline for submitting comments is Monday 13 April, 2015. 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.