SUBSCRIBER NOTE: Platts proposes launching E10 Eurobob gasoline barge FOB AR assessment

S&P Global Platts proposes to begin publishing daily assessments for FOB Amsterdam-Rotterdam E10 Eurobob gasoline barges effective July 12, following a period of market research and outreach.

The assessment would reflect a blendstock that will meet the EN228 standard after the addition of up to 9.7% of ethanol. The proposal follows a growth in the market for gasoline with higher levels of biofuels, as key European markets transition to this emerging standard.

In addition to an outright assessment of Eurobob E10 gasoline barges, Platts proposes to publish a daily differential to the existing Eurobob gasoline barge assessment (AAQZV00).

The E10 Eurobob gasoline barge FOB AR assessment specifications would be as follows:

Loading dates: Platts proposes to assess the value of E10 Eurobob gasoline barges loading FOB AR 3-15 days forward from date of publication on Monday and Tuesday, and 5-15 days forward on Wednesday through Friday.

Size: Platts proposes to reflect bids and offers for parcel sizes of 1,000 mt. Bids and offers may be published in multiples of 1,000 mt, up to a maximum of 5,000 mt. The assessment would reflect a basis 1,000 mt size.

Specification: The assessment would reflect a blendstock that will meet the EN228 standard, with a 95 RON/85 MON minimum octane rating after the addition of up to 9.7% of ethanol.

Loading ports: All bids, offers and trades will be published FOB AR (Amsterdam-Rotterdam). Upon a deal, a seller can nominate any standard terminal in Amsterdam/Rotterdam. Loading nominations at Antwerp or Terneuzen will also be reflected. Where Antwerp or Terneuzen are nominated, any demonstrable incremental costs incurred by the buyer should be borne by the seller.

Please send any comments or questions by May 24 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 upon request.