04 Apr 2018 | 05:24 UTC — Singapore

SUBSCRIBER NOTE: Platts proposes to launch FOB Singapore high sulfur 92 RON differential

S&P Global Platts proposes launching an FOB Singapore high sulfur 92 RON gasoline cash differential assessment with effect from July 1, 2019.

The new cash differential assessment will continue to capture the current demand for high sulfur 92 RON gasoline from countries such as Indonesia, as well as other Asian countries consuming high sulfur 92 RON gasoline.

The cash differential will be assessed against the benchmark FOB Singapore 92 RON gasoline assessment, which will see an amendment to its sulfur level to 50 ppm starting July 1, 2019.

Separately, Platts is amending the FOB Singapore 92 RON, 95 RON and 97 RON assessments' specifications to low sulfur gasoline with effect from July 1, 2019, as seen in a subscriber note published on April 4, 2018. (https://www.platts.com/subscriber-notes-details/27947497)

For the assessment, Platts will survey the market to determine the tradable levels for cargoes loading/delivering 15-30 days forward. The assessment will be a differential to the benchmark FOB Singapore 92 RON gasoline assessment with a sulfur level of 50 ppm.

This assessment reflects Indonesian 92 RON gasoline specifications with a specific gravity of 0.715 g/ml and current maximum sulfur content of 500 ppm. The assessment reflects cargo sizes ranging between 100,000 barrels and 200,000 barrels.

Please send all feedback or questions by August 1, 2018, to asia_products@spglobal.com and pricegroup@spglobal.com.

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

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