Platts to launch South China jet differential assessment

Following industry feedback, Platts will launch a new assessment of the physical market differential for jet fuel delivered to South China on a C+F basis. Platts will launch the differential assessment on July 2, 2012, and it will reflect the value of jet fuel trading as a premium or discount relative to the price published by Platts around the time of loading of jet fuel on an FOB Singapore basis.

Platts has published an assessment of outright prices for C+F South China Jet since 1994. Since that time, market activity has evolved and market participants now regularly bid, offer and trade the grade on a differential basis against Mean of Platts Singapore Jet/Kero around cargo loading dates.

The new assessment will be published on Platts Global Alert, in the Asia Pacific/Arab Gulf Marketscan, and in the Platts price assessment database under the code AAWTW00.

Please send any remaining comments and questions to asia_products@platts.com and pricegroup@platts.com.