SUBSCRIBER NOTE: Platts corrects April 20 CIF NWE naphtha rationale

Platts has corrected the April 20 CIF Northwest Europe cargo assessment rationale, not the assessment.

The rationale, published in the European Marketscan and on PGA page 1386, should read as follows:

The CIF Northwest European naphtha cargo assessment was derived based off a competitive bid of $381/mt for May 10-14 delivery dates in the Platts Market on Close assessment process. A value of $381.25/mt was used on the mid-point of the laycan and the full curve was drawn using the structure derived from the front-month and second-month swaps. Two additional bids -- one for a 12,500 mt cargo and one for a 24,000-28,000 mt cargo -- and three offers -- two for 12,500 mt cargoes and one for a 24,000-28,000 mt cargo -- were also left outstanding at the close.