25 Jun 2024 | 12:00 UTC

Platts corrects June 24 FOB NWE LSSR assessment

Platts, part of S&P Global Commodity Insights, has corrected the June 24 FOB NWE LSSR assessment.

The assessment should read as:

Straight-run 0.5-0.7% Cargoes FOB NWE (PKABA00): $541.25- $542.25/mt

The assessments appear in Platts European Marketscan and Platts Global Alert page 1110.

The accompanying rationale has also been corrected, and should read as follows:

Straight Run 0.5-0.7%S FOB NWE cargo PKABA00 assessment rationale:

The LSSR FOB NWE differential was assessed $5.84/mt below M1 ICE Brent crude futures, unchanged on the day. The outright LSSR price was derived using the dollars per barrel to metric ton conversion factor of 6.77 for LSSR. No bids or offers were reported in the Platts Market on Close assessment process.

Exclusions: None

Platts is part of S&P Global Commodity Insights

This rationale can be found on Platts Global Alert page 1584 and Platts European Marketscan.

Please send any questions to Europe_Products@spglobal.com with a cc to pricegroup@spglobal.com