Platts clarifies CFPP limits in German intermediate grade reflected in ULSD FOB ARA barges assessment

Platts, part of S&P Global Commodity Insights, wishes to clarify the Cold Filter Plugging Point (CFPP) limits in German intermediate ultra low sulfur diesel specification, which is reflected by Platts on a seasonal basis in its FOB ARA ULSD Barges assessment.

In its FOB ARA ULSD barge Market on Close assessment process, Platts reflects bids, offers and trades of German intermediate grade conforming to the latest German DIN specification, with Cold Filter Plugging Point (CFPP) requirement of max minus 13 degrees C, during the relevant period. Platts has observed German intermediate diesel with a CFPP limit of max minus 13 degrees C. Platts understands such cold properties limits to reflect the fungible specification traded in the ARA hub.

Per its methodology, Platts schedules seasonal specification changes for its assessments of diesel fuel in late winter ahead of the transition from winter grade to summer grade, and then in late summer ahead of the transition from summer to winter, with intermediate grade reflected as appropriate. Platts follows a similar seasonal schedule each year, but the exact dates may vary in line with prevailing patterns of refining and trading activity.

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