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23 Jul 2015 | 03:45 UTC — London
Effective October 1, 2015, Platts proposes to launch assessments for the value of the 180 CST Singapore Fuel Oil cargo swaps, 380 CST Singapore Fuel Oil cargo swaps and 380 CST and East-West fuel oil swap spreads which represents the difference between the comparable month's 380 CST Singapore Fuel Oil cargoes and FOB Rotterdam 3.5% Fuel Oil Barge swaps, at 16:30 London time.
Platts will add these assessments to its existing fuel oil derivative suite in order to enhance its coverage of the fuel oil market and better represent the key high sulfur fuel oil arbitrage route between Europe and Asia.
Platts will publish assessments for three full calendar months ahead of the date of publication. Platts will publish bids, offers and interest to trade these swaps in the Platts Market on Close assessment process.
Please send any comments or questions by August 31, 2015 to europe_derivatives@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.