30 Jun 2015 | 03:27 UTC — Houston

SUBSCRIBER NOTE: Platts proposed new US BOHO assessment

Platts proposes to launch an assessment of the soybean oil/heating oil spread (known as BOHO) that will reflect the value of the front-month contract for Chicago Board of Trade (CBOT) soybean oil futures multiplied by 7.37, the industry standard for the yield for soy methyl ester biodiesel minus the value of the front-month New York Mercantile Exchange (NYMEX) ultra-low sulfur diesel futures at market close. This assessment will be expressed in US cents per gallon and published in the Platts database and the Biofuelscan. Platts proposes to launch this assessment on August 17, 2015. Please send any comments and feedback to Platts editors to america_ags@platts.com with a cc to pricegroup@platts.com by July 17, 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.