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18 May 2020 | 17:01 UTC — New York
S&P Global Platts has changed the assessment timestamp of its LNG Gulf Coast Marker (GCM) to 4:30pm London time effective May 16, 2020.
The Platts GCM™ assessment was previously published each US business day and reflected market values prevailing at the close of US markets at 1:30 pm Houston time.
This decision follows from a decision published April 1 and available here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/040120-platts-to-change-the-timestamp-of-its-lng-gulf-coast-marker-gcm
This aligns Platts GCM™ assessment with the close of European markets, which have become an increasingly significant outlet for US-loading LNG spot cargoes.
As a component of this change, Platts has also moved the assessment publishing schedule to follow Platts UK publishing calendar.
Please submit questions and feedback to LNGeditorialteam@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 upon request.