SUBSCRIBER NOTE: Platts extends T2 ethanol DE GHG feedback period

Further to earlier announcements, dated January 20 and February 24, Platts extends the period of consultation and feedback relating to its proposal to decouple Platts FOB Rotterdam T2 ethanol assessment and the Platts FOB Rotterdam T2 German spec assessment.

Additionally, Platts extends the period of consultation for the associated proposal to introduce a minimum greenhouse gas saving of 50% in Platts FOB Rotterdam T2 German spec ethanol assessment, as per the European Union's Fuel Quality Directive calculation.

The feedback period for both changes has been extended to September 18, 2015. Platts proposes to implement the changes effective October 19, 2015.

Platts continues to monitor the activity and development of the European ethanol market in light of the change to the German domestic biofuel mandate and, will adapt its methodology as necessary to reflect standard spot market trade flows.

The fossil fuel comparator and greenhouse gas saving calculation reflected will be as per the prevailing implementation of the Fuel Quality Directive in Germany. All other specifications will conform to the prevailing Renewable Energy Directive 2009/28/EC.

Please send any comments or questions to europe_ags@platts.com with a CC to pricegroup@platts.com by September 18, 2015.

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.