19 May 2016 | 07:26 UTC — Houston

SUBSCRIBER NOTE: Platts proposes change to Americas bunkers timing guidelines

Platts proposes to change the guideline that currently prevents any further price changes in the final two minutes of the MOC process to allow changes to bids and offers up until the final minute, with effect from June 9, 2016.

This proposal only affects IFO 380 CST markets in Houston, Los Angeles, New York and Balboa. This matches timing employed in other Americas markets where eWindow technology is present.

With effect from July 1, 2016, Platts also proposes to remove this final minute price freeze for Americas bunkers bids and offers in the eWindow environment, to align the bunkers MOC process with previously announced changes to US fuel oil MOC processes.

Platts invites comments on these proposals by May 31, 2016 by email to americas_bunkers@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