Mid loading date for transaction value, effective July 1

In its European refined oil product barge assessment processes, Platts considers transactions where buyer and seller have agreed to a five-day loading range for the barge.

For purposes of measuring the impact of the contango or backwardation in the assessment process, Platts will assign the value of the transaction to the middle of the loading date range with effect from July 1, 2009.

Comments should be directed to europe_products@platts.com and pricegroup@platts.com.