SUBSCRIBER NOTE: Platts to amend density spec for FOB NWE LSSR cargo assessments

S&P Global Platts will amend the density specifications reflected in its assessments of FOB NWE low sulfur straight run (LSSR) 0.5-0.7% sulfur cargoes, in line with a subscriber note published on June 15. The change will take place starting from January 2, 2017.

Platts currently assesses FOB NWE LSSR meeting the specifications of 0.935-0.950 at 15 degrees centigrade. This will be amended to 0.920-0.950 at 15 degrees centigrade.

A conversion factor between barrels and metric tons of 6.77 will continue to be used following the change, in line with prevailing market standards.

Platts has analyzed the density of a range of LSSR streams in the region and concluded that the proposed density represents more fully the underlying physical market.

Please send all comments to europe_products@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.