SUBSCRIBER NOTE: Platts proposes launch of FOB USGC LSR naphtha barge assessment

Platts is seeking comments regarding the introduction of an FOB light straight run naphtha assessment for barges loading at US Gulf Coast terminals on an FOB basis effective August 1, 2014. The assessment would be published as an outright price, and as a differential to the Platts non-Targa Mont Belvieu natural gasoline assessment. The assessment will reflect the value of a 50,000-barrel barge loading 10-30 days forward from the date of publication. Other trade sizes may be considered for the assessment, normalized for size. The specifications would be maximum 83 API gravity, 250 ppm sulfur, 13 RVP, 65 paraffin, 20 color, 50 ppm oxygenates, 10 ppb mercury, 50 ppm lead, 10 ppm H2S. The location of the assessment would be typical terminals in the US Gulf Coast. 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. Please email comments and questions by May 30 to americas_products@platts.com with a cc to pricegroup@platts.com.