Platts proposes to make weekly its asphalt assessments

Platts is proposing to increase the frequency of its asphalt assessments from monthly to weekly. Currently, Platts US asphalt assessments are published at the end of each month. Under this proposal, Platts would assess asphalt on each Friday (or last business day of the week), effective 2:15 p.m. Central Time. The assessment will take into account truck or rail volumes delivered to local markets, 5 to 10 days from date of publication, at the following locations: Arkansas; Colorado; Montana; California; Illinois; Georgia; Minneapolis/St. Paul; Ohio; Oklahoma; Kansas; Texas; Louisiana; Mid-Atlantic; and Tampa. The change would become effective July 6, 2012, as the last month-end assessments will be published on June 29, 2012. The assessments would appear in the US Marketscan; Platts Oilgram Price Report and on Platts Global Alert page 1148. Please send comments or queries by May 15 to americas_products@platts.com and pricegroup@platts.com.