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09 Jul 2014 | 09:04 UTC — London
Platts will extend its ultra low sulfur diesel, gasoil and jet derivative assessments beyond January 2015, with effect from September 1, 2014. The announcement follows a proposal made on May 21 to reflect growing market liquidity in those contracts. On April 29, ICE announced it would suspend the low sulfur gasoil futures contract from next year. Instead, ICE said its legacy gasoil futures contract would be extended and reflect the ultra low sulfur diesel specification from the February 2015 contract onwards. Platts welcomes feedback and questions to europe_products@platts.com, with a cc to pricegroup@platts.com. For written comments, please provide a clear indication if the 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.