15 May 2015 | 07:59 UTC — Singapore

SUBSCRIBER NOTE: Update on discontinuation of current gasoil-palm oil spread

Further to an earlier proposal, Platts will discontinue the current 4:30 pm Singapore time (0830 GMT) GO-PO assessment on June 11, 2015.

This assessment reflects the value of the first-month ICE gasoil futures as listed by the InterContinental Exchange against first-month crude palm oil futures as listed on Bursa Malaysia.

Currently GO-PO measures the differential as gasoil minus palm oil, while in the general market the relationship is typically expressed as palm oil minus gasoil.

The GO-PO assessment under the symbol code BMAAB00, is published in Platts Biofuels Alert and Platts Biofuelscan.

Please send any comments and feedback to Platts editors at asia_ags@platts.com with a cc to pricegroup@platts.com.