Platts clarifies that FOB ARA Diesel MOC and assessment reflect T2 product

Platts, part of S&P Global Commodity Insights, would like to clarify that it reflects the T2 product, which is EU-qualified in its Diesel 10 ppm FOB ARA Barges Market on Close process and Diesel 10 ppm FOB ARA Barges (AAJUS00) price assessment.

Platts has observed that diesel barges with T1 status are non-fungible given the need for the T2 product by end-users and consumers in the FOB ARA barge market.

Platts would like to remind participants that all barges reflected in the Platts FOB ARA Barge Diesel MOC and assessments must, at all times, be deemed to fall within industry standards, including the merchantability of the product.

This assessment reflects EN590 German specification diesel with a maximum sulfur content of 10 ppm. The assessment reflects barges of 1,000 mt to 3,000 mt loading FOB basis Amsterdam-Rotterdam-Antwerp 3-15 (Monday to Tuesday) or 5-15 (Wednesday through Friday) days forward, with value reflecting the mean of the delivery period. Bids, offers and transactions for Flushing-Ghent may also be published but normalized back to ARA.

Please send any feedback or questions to europe_products@spglobal.com and pricegroup@spglobal.com.

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 to the public upon request.