New headline format for US LPG Market on Close

Platts launched eWindow technology for its US LPG assessment process on Thursday, April 29. This will create a different format for published bid and offer headlines on PGA page 468 and PCA page 5.

For example, a headline that currently appears as "LPG:Non-Targa natural gasoline, Company XX bids 195.85 cts/gal 25kb, May" would instead be published as "Platts LPG C5 Non-Targa May10, Company XX bids $1.9585 for 25."

In the new headline structure, the volume being bid for will be expressed as a multiple of 25,000 barrels, with a minimum volume of 25,000 barrels.

Also, prices are expressed in $/gal, rather than cents/gal. Company short-form names may also appear differently.

For questions and comments please contact Esa Ramasamy, esa_ramasamy@platts.com, with a cc to pricegroup@platts.com.