07 Apr 2021 | 17:44 UTC

Platts proposes to launch import parity prices for Colombia refined products

As part of its commitment to provide insight into new markets, S&P Global Platts is proposing to launch import parity prices for ULSD, jet fuel and gasoline in Colombia, effective July 1, 2021.

The import parity prices would be based at the port of Barranquilla for ULSD, jet fuel and gasoline, all meeting the country's specifications. The assessments would be published in dollars per barrel on a daily basis, and as weekly and monthly averages.

The prices would represent the cost of each product imported on the day of publication at Barranquilla. They would include the product value, freight, demurrage, insurance, losses and quality differences, where applicable.

Please send any feedback, comments or questions to americas_products@spglobal.com and pricegroup@spglobal.com by May 12, 2021.

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.