Platts to cut USAC 1% al+si specs to 120 ppm max

After a period of industry feedback, Platts has decided to lower the metals content for its US Atlantic Coast 1% sulfur fuel oil physical assessment basis to 120 ppm maximum aluminum+silicon (al+si), effective January 3, 2011.

Currently, USAC 1% sulfur fuel oil assessments reflect 150 ppm max al+si.

Initial feedback collected by Platts has revealed that the majority of spot 1% sulfur fuel oil sold on the USAC has metals content below the current 150 ppm max al+si specification basis.

Please respond with questions or comments by August 23, 2010, to Funda Saygin, funda_saygin@platts.com, and Esa Ramasamy, esa_ramasamy@platts.com, with a cc to pricegroup@platts.com.