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15 May 2015 | 07:59 UTC — Singapore
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.