24 May 2015 | 03:06 UTC — Singapore

SUBSCRIBER NOTE: Platts to launch CFR Singapore naphtha assessment

Platts proposes to launch a CFR Singapore naphtha assessment with effect from August 3, 2015.

This is in line with the significant growth of naphtha imports into Singapore, with a significant volume used for blending into gasoline grades.

The new assessment would reflect cargoes delivering into any approved Platts FOB Straits terminal 15-30 days ahead of the date of publication and of parcel size in the range 50,000 to 150,000 barrels. Platts would publish the assessment as both an outright value and as a differential against the FOB Singapore Naphtha MOPS Strip. Platts has no plans to discontinue its FOB Singapore naphtha netback assessment, which is assessed as a freight netback from its CFR Japan naphtha assessment.

The netback assessment forms the basis of the FOB Singapore naphtha derivatives assessments and the naphtha MOPS Strip. Platts proposes to assess CFR Singapore naphtha with the following specifications: Property Unit Test Method Specification Density @ 15.56 deg kg/L ASTM D 4052 Min 0.660 Research Octane Number ASTM D 2700 Min 72.0 Total sulfur wt.ppm ASTM D 5453 Max 400.0 Lead wt.ppb ICP-MS Max 20 Arsenic wt.ppb ICP-MS Max 20 Initial Boiling Point deg C ASTM D 86 Min 25 T50 deg C ASTM D 86 Min 50 Final Boiling Point deg C ASTM D 86 Max 204 Mercury wt.ppb UOP 938 Report Paraffins vol% ASTM D 6839 Min 80 Olefins vol% ASTM D 6839 Report Naphthenes vol% ASTM D 6839 Report Aromatics vol% ASTM D 6839 Report Oxygenated Compounds vol% ASTM D 6839 Max 0.2 Mercaptan sulfur wt% ASTM D 3227 Max 0.002 RVP psi ASTM D 6378 Max 12.8

These assessment will be published on Platts Global Alert, Platts Asia-Pacific/Arab Gulf Marketscan and in the Platts price assessment database.

Please send all comments, feedback and questions by June 26, 2015 to pl_asia_oilproducts@platts.com and pricegroup@platts.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.