03 Apr 2023 | 10:00 UTC

Platts updates European ULSD and Gasoil netback and net-forward formulae to reflect revised Antwerp flat rates, effective April 3

Platts, part of S&P Global Commodity Insights, updates the Northwest European diesel and gasoil netback and net-forward assessments to reflect an increase in Port Tariffs for the port of Antwerp, as detailed in Worldscale Circular No. 24 (2023).

The formulae updates, effective April 3, 2023, are across the following Platts price assessments for Europe:

Assessment Name

2023 netback/net-forward formula

ULSD 10ppmS FOB NWE Cargo (AAVBF00)

$5.61/mt

ULSD 10ppmS FOB NWE Basis Le Havre Cargo (AAWZD00)

$6.80/mt

Diesel 10ppm UK Cargoes CIF NWE - Original (French) Spec (AUKDA00)

$2.65/mt

Gasoil 0.1%S FOB NWE Cargo (AAYWR00)

$7.97/mt

Please send any questions or comments to Europe_products@spglobal.com with a cc to pricegroup@spglobal.com.