17 Apr 2012 | 11:04 UTC — London

Platts to suspend duplicated Hong Kong data

As part of ongoing work to maintain and enhance transparency of Platts market data assessments, Platts will change the description of database codes for fuel oil and diesel barge assessments in Hong Kong in market data categories PQ (South China Fuel Oil), PS (South China Products) and MA (Monthly Averages) with immediate effect, to match the primary data descriptions found in the market data category BA (Bunker fuel).

To reduce duplication of data in Platts databases, Platts proposes to ultimately suspend the codes found in PQ, PS and MA market data categories. Platts proposes to suspend these codes with effect from August 1. The assessments will continue to be found in market data category BA.

The codes to be redefined in the database, and ultimately suspended, are listed in the table below. For completeness and comparison, the list of primary codes found in market data category BA is also provided below.

MDC Code Current Description Renamed Description PQ PUAYB00 180 CST 3.5% Hong Kong Barge $/Mt Hong Kong 180 CST PQ PUAYD00 380 CST 3.5% Hong Kong Barge $/Mt Hong Kong 380 CST PS POAFE00 Diesel Hong Kong Barge Hong Kong Marine Diesel MA PUAYB03 180 CST 3.5% Hong Kong Barge $/Mt Mavg Hong Kong 180 CST MAvg MA PUAYD03 380 CST 3.5% Hong Kong Barge $/Mt Mavg Hong Kong 380 CST MAvg MA POAFE03 Diesel Hong Kong Brg Mthly Hong Kong Marine Diesel MA

These assessments will continue to be databased in these codes:

BA
PUACC00
Hong
Kong
180
CST
BA PUAER00 Hong Kong 380 CST

BA PUAER00 Hong Kong 380 CST

BA
POACB00
Hong
Kong
Marine
Diesel
BA PUACC03 Hong Kong 180 CST MAvg

BA PUACC03 Hong Kong 180 CST MAvg

BA
PUAER03
Hong
Kong
380
CST
MAvg
BA POACB03 Hong Kong Marine Diesel MAvg

BA POACB03 Hong Kong Marine Diesel MAvg