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21 Jul 2015 | 04:46 UTC — Houston
Effective August 10, 2015, Platts will update the roll date of its front-month assessments of Atlantic Coast New York Harbor ethanol. Platts will roll its assessments from prompt calendar month to second calendar month seven calendar days before the end of the prompt month to better reflect the market standard of five-day notice of a three-day transfer window. The current methodology reflects a roll from prompt month to second month eight calendar days prior to the end of the prompt month. If the seventh calendar day prior to the end of the prompt month should fall on a public holiday or weekend, the roll to second month will take place on the business day immediately preceding the seventh calendar day. For example, July 24 will be the first day for the August any-month assessment as the front-month assessment, as it reflects the first day of a five-day notice of a three-day transfer window that features August 1 as a potential nomination day of delivery transfer. This is in line with standard industry practices and prevents the assessments from rolling forward prematurely. For questions or comments, please email americas_ags@platts.com and pricegroup@platts.com. 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.