01 Apr 2021 | 15:35 UTC — New York

Platts launches balance-of-month assessment for Chicago ethanol derivative

Effective April 1, 2021, S&P Global Platts has launched a daily Chicago ethanol balance-of-month (balmo) derivative assessment.

The assessment will be published from the first publishing day through and including the 15th of every month as an outright value in cents/gal, basis 1:30 pm Central time.

The derivative assessment will reflect the Platts Market on Close assessment process spot value of the Chicago ethanol (Platts) futures, listed on the Chicago Mercantile Exchange.

Platts may use balmo and already-published prompt month derivatives when assessing the US ethanol markets through the calculation of various forward strips and differentials.

Please send any feedback or questions to americas_ags@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if the comments are not intended for publication by S&P Global Platts for public viewing. S&P Global Platts will consider all comments received and will make available comments not marked as confidential upon request.