April 29 NYMEX basis for USGC ULSD/off-road LSD

April 29, 2011, is the 24th shipping cycle's scheduling deadline for Colonial Pipeline's off-road low sulfur diesel and ULSD.

The cash differentials for this cycle are currently trading against the May NYMEX heating oil contract.

However, the May heating oil contract expires at 2:30 p.m. EDT/1:30 p.m. CDT, 45 minutes before the end of the Platts Market on Close assessment process.

Because of this, on April 29, all US Gulf Coast ULSD and LSD bids, offers and transactions will be marked against the June NYMEX heating oil contract.

For questions or comments, contact americas_products@platts.com.