Platts to remove BASF additives from Singapore gasoil assessment

Following a continued review of additives reflected in its FOB Singapore gasoil assessments, Platts, part of S&P Global Commodity Insights, will remove BASF Keroflux cold flow improver additives 6170, 6206 and 6214 from Jan. 1, 2025.

Platts understands that these additives will be gradually decommissioned by the producer BASF, through May, 2024 after which there will be no further supply of the aforementioned products.

The list of Platts gasoil recognized additives is intended to provide clarity to market participants regarding which additives are generally considered to be merchantable and accepted for cargoes delivered through the Platts Market on Close assessment process in Singapore.

Platts does not align its FOB Singapore additives acceptance to any particular importing country.

For the full list of previously identified additives, please see http://plts.co/V0Ax30ru2Yi.

The removal of these additives was proposed in a subscriber note published Feb. 7, 2024: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/020724-platts-proposes-removal-of-basf-additives-from-singapore-gasoil-assessment .

Please send all comments or questions to asia_products@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make those not marked as confidential available to the public upon request.