SUBSCRIBER NOTE: Platts proposes to assess basis volume in FOB West Med butane coaster assessment

S&P Global Platts proposes to assess a basis volume of 4,000 mt in its FOB West Mediterranean butane coaster assessment with effect from September 3, 2018.

The assessment currently reflects full or part-cargoes of at least 1,600 mt.

In line with industry feedback, Platts has observed a change of market flows in the Mediterranean where smaller pressurized coasters have been repositioned and larger pressurized coasters are increasingly being utilized to load butane from West Mediterranean locations.

Under this proposal, full or part-cargoes of at least 1,600 mt would continue to be included in the assessment, with alternative cargo sizes normalized back to the basis volume of 4,000 mt.

Please send any comments or queries by August 6, 2018, to europe_products@spglobal.com with a cc: to pricegroup@spglobal.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.