SUBSCRIBER NOTE: Platts to launch FOB Singapore high sulfur 92 RON cash differential

S&P Global Platts will launch an FOB Singapore high sulfur 92 RON gasoline cash differential assessment with effect from July 1, 2019.

This assessment was first proposed in a note published April 4, 2018. (https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/040418-p latts-proposes-to-launch-fob-singapore-high-sulfur-92-ron-differential)

The new cash differential assessment will continue to capture the current demand for high sulfur 92 RON gasoline from countries such as Indonesia, as well as other Asian countries consuming high sulfur 92 RON gasoline.

The cash differential will be assessed against the benchmark FOB Singapore 92 RON gasoline assessment, which has a sulfur level of 50 ppm, starting from July 1, 2019.

Separately, Platts is amending the FOB Singapore 92 RON, 95 RON and 97 RON assessments to reflect low sulfur gasoline with effect from July 1, 2019, as seen in a subscriber note published on April 3, 2018. (https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/040 318-platts-amends-singapore-92-ron-95-ron-97-ron-gasoline-specifications)

For the cash differential assessment, Platts will survey the market to determine the tradable levels for cargoes loading/delivering 15-30 days forward.

This assessment reflects Indonesian 92 RON gasoline specification with specific gravity between 0.715 g/ml and 0.77 g/ml and with a current maximum sulfur content of 500 ppm. The assessment reflects cargo sizes ranging between 100,000 barrels and 200,000 barrels.

Please send all feedback or questions to asia_products@spglobal.com and pricegroup@spglobal.com

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