03 Apr 2023 | 16:22 UTC

Platts proposes to amend Sunflower Oil FOB Black Sea Market on Close time stamp

Platts, part of S&P Global Commodity Insights, proposes to update the European Sunflower Oil FOB Black Sea (SFWBL00) Market on Close time stamp from 17:00 London time to 16:30 London time, with effect from June 5.

The change would bring the assessment in line with Platts other vegetable oil assessments, including the existing CIF Rotterdam Crude Palm Oil (ACPOC00) and Crude Palm Kernel Oil (ACPKA00) assessments, as well as the new daily FOB Dutch Mill Crude Rapeseed Oil assessment, which will launch April 17, (subscriber note found here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/031623-platts-to-launch-crude-rapeseed-oil-assessment-fob-dutch-mill). Bids, offers, trades and indicative values will only be considered for the assessment if they are received before the 16:30 London time MOC cutoff. Please send all comments, feedback and questions to ags@spglobal.com and pricegroup@spglobal.com by May 7. For written comments, please provide a clear indication if comments are not intended for publication by S&P Global for public viewing. S&P Global will consider all comments received and will make comments not marked as confidential available upon request.