SUBSCRIBER NOTE: Platts to begin publishing LPG assessments as percentages of naphtha

S&P Global Platts will begin publishing its daily suite of European LPG assessments as percentage of physical naphtha equivalents effective July 9, 2018.

The following assessments will be calculated as physical percentage equivalents versus Naphtha Cargoes CIF NWE which appears under the assessment code PAAAL00, on Platts Global Alert page 1386, and in the Platts LPGaswire and European Marketscan.

The new assessments will appear alongside the current flat price assessments on Platts Global Alert page 1775 and in the Platts LPGaswire.

The new assessment codes will appear as follows:

Propane NWE FOB NWE Seagoing PMABBPT FOB ARA PMAASPT FCA ARA PMABHPT CIF NWE Large Cargo PMABAPT

Butane NWE FOB NWE Seagoing PMAALPT FOB ARA PMAACPT FCA ARA PMABIPT CIF 1-3k mt PMAAJPT CIF NWE Large Cargo PMAAKPT

Propane Western Med FOB Ex-Ref PMABCPT FCA Ex-Ref PMABJPT CIF 7000+ mt PMABEPT

Butane Western Med FOB West Med Coaster PMAAMPT

Alongside the launch of new LPG assessments, the nomenclature of the naphtha assessments published on page two of the Platts LPGaswire will change to Naphtha Cargoes CIF NWE and Naphtha Cargoes CIF Med.

Please send any comments or queries to europe_products@spglobal.com with a cc to 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.