31 Mar 2010 | 04:54 UTC — New York

Bid/offer protocols on PGA page 190 (REPEAT)

Products Window Guidelines: Platts asks all participants in the PGA page 190 assessment window to clearly state any bid/offers that they would like to transact.

For example: "Shell keen on BP gasoil offer $65.00" is best practice.

Statements such as "I am keen" and "I buy from BP" or "interested at $65.00" may not be sufficient for publication and inclusion in the assessment process, especially during very busy window periods.

(Versions of this note were published in July 2005, and subsequently in March 2006).