02 Aug 2013 | 02:23 UTC — London

Subscriber note: Calendar for ULSD CIF ARA, Med cargo summer to winter change

Effective August 27, Platts will start reflecting French winter grades of 10 ppm sulfur diesel on a pro-rated basis in its 10 ppm CIF NWE ULSD assessment (basis Amsterdam) and 10 ppm CIF Mediterranean assessment (basis Lavera). September 6 will be the last day on which summer ULSD can be bid or offered. Summer spec will be given a progressively lighter weighting up to September 11. A spreadsheet detailing the changes is available on request. For further details regarding the pro-rating system or any comments regarding the proposal please contact europe_products@platts.com. The following calendar applies:

August 27 -- First day of reflecting French winter September 2 -- First full five-day period for winter indications September 6 -- Last full five-day period for summer indications September 11 -- Fully winter