09 Jun 2015 | 06:21 UTC — Singapore

SUBSCRIBER NOTE: Platts to discontinue GOPO assessment from June 11, 2015

Platts will discontinue on June 11, 2015 the current GO-PO spread, which reflects the value of first-month ICE gasoil futures, as listed by the InterContinental Exchange, or ICE, against first-month crude palm oil futures, as listed on Bursa Malaysia, or BMD, at 4:30 pm Singapore time (0830 GMT).

GO-PO measures the spread as gasoil minus Palm oil, while in the general market the spread is typically expressed as Palm oil minus gasoil.

The GO-PO spread, under the assessment symbol code BMAAB00, is published in Platts Biofuelscan.

For comments or feedback please email biofuels@platts.com with a Cc to pricegroup@platts.com