05 Jul 2012 | 04:43 UTC — London

Platts to formalize assessing its T2 FOB Rotterdam ethanol quotes at par

Platts is considering to formalize its existing editorial practices of assessing European T2 FOB Rotterdam ethanol at par with its T2 FOB Rotterdam German-spec assessment.

Platts has observed a noticeable shift in liquidity and market interest from its European T2 FOB Rotterdam assessment to the T2 FOB Rotterdam German-spec assessment, to the point that the German grade has been behaving as a core price indicator. Platts is commencing a period of industry feedback and comments on its proposal to formally assess the European T2 FOB Rotterdam ethanol quote fully at par with the T2 German-spec ethanol quote.

Please send all comments and feedback to ilana_djelal@platts.com, with copy to guilherme_kfouri@platts.com, petchems@platts.com and pricegroup@platts.com.