SUBSCRIBER NOTE: Platts amends Singapore 92 RON, 95 RON, 97 RON gasoline specifications

S&P Global Platts will amend the specifications for gasoline reflected in its FOB Singapore 92 RON unleaded, 95 RON unleaded and 97 RON unleaded assessments from July 1, 2019, after market consultation on a proposal note published February 7, 2018.

The proposal note can be viewed at http://www.Platts.com/subscriber-notes-details/27913267.

Starting July 1, 2019, the specifications for the FOB Singapore 92 RON gasoline grade, FOB Singapore 95 RON and FOB Singapore 97 RON would see a reduction to the sulfur level, Reid Vapor Pressure, and final boiling point. At the same time, Platts will include new limits on aromatics and olefins by percentage volume to the three FOB Singapore benchmark assessments.

All three gasoline grades will see the sulfur level lowered from a maximum of 350 ppm (0.035%) to 50 ppm (0.005%). The reduction of the sulfur content to a maximum of 50 ppm will see maximum aromatics content set at 40%, while maximum olefins content will be set at 25%.

Platts will also lower the Reid Vapor Pressure specification to a maximum of 9 PSI from 9.5 PSI currently.

Platts will also reduce the final boiling point from a maximum of 225 degrees Celsius to 215 degrees Celsius.

The current specification standards for gasoline on an FOB AG basis remain unchanged.

Separately, Platts is proposing to launch an FOB Singapore high sulfur 92 RON gasoline cash differential assessment with effect from July 1, 2019, reflecting Indonesia's import specification.

The changes to the FOB Singapore gasoline specifications reflect evolving quality standards in Asia, where gasoline trading reflects supply and demand across the Asia Pacific and the Middle East.

Platts periodically reviews the specifications of all its assessments to ensure they are representative of the most tradeable grades.

Such reviews may lead to changes to the existing specifications of an assessment, though any changes would be subject to further industry consultations ahead of any final decision.

Platts last updated the specifications of these assessments on July 1, 2016.

The current specifications for the Platts Singapore gasoline assessments can also be viewed at https://www.platts.com/IM.Platts.Content/MethodologyReferences/MethodologySpe cs/Asia-refined-oil-products-methodology.pdf

Any submissions for the review process should be sent to asia_products@spglobal.com and pricegroup@spglobal.com by August 1, 2018.

For written comments, please provide a clear indication if they are not intended for public viewing.

Platts will consider all comments received and will make those not marked as confidential available upon request.