SUBSCRIBER NOTE: Platts to launch Middle East 10 ppm sulfur gasoil Apr 1

Platts confirms the launch of a Middle East assessment for 10 ppm sulfur gasoil April 1, 2015.

This follows the growth in production and trade of the 10 ppm sulfur grade in the region.

In line with Platts existing FOB AG gasoil assessments, this new assessment would be based on adding an assessed sulfur differential to Platts outright FOB AG Gasoil assessment, which is a freight netback from Platts outright FOB Singapore Gasoil assessment, both of which represent 500 ppm sulfur gasoil.

Platts will publish a cash differential for the 10 ppm sulfur gasoil grade representing the price buyers are willing to pay over and above the benchmark FOB Arab Gulf Gasoil assessment around loading dates.

The new assessments would be published in Platts Asia-Pacific/Arab Gulf Marketscan, on Platts Global Alert pages 2004, 2005, 2404, 2420 and in the Platts price database.

Platts will also publish monthly price averages on Platts Global Alert pages 2405 and 2421.

Please send any comments or queries to asia_products@platts.com and pricegroup@platts.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.