04 Aug 2021 | 19:52 UTC

Platts corrects FOB GCM for Aug 3

S&P Global Platts has corrected the value for the FOB GCM (LGCSM01) for FOB LNG cargoes lifting 30-60 days ahead to $13.100/MMBtu.

This change will also affect the following associated symbol codes: LEBMH01, LAHHM01, LABPM01, LAJKM01, LASWM01, LADBM01, LAARM01, LNTFG00, LGCSM00, LGGCN00, LGMDB00, LGMHM01, LGMJM01, LGMNM01, LGMFO00, LGMET00, LGEUR00.

Platts has also corrected the rationale for GCM on Aug. 3 to the following: "The FOB Gulf Coast Marker (GCM) was assessed at $13.100/MMBtu. The assessment was based on movements in associated destination markets for FOB USGC cargoes loading 30 to 60 days forward."