SUBSCRIBER NOTE: Platts corrects jet rationales for July 8

Please note that Platts has corrected the jet barge and cargo assessment rationales for July 8, 2015. This correction only affects the rationales, not the assessments.

The correct jet barge assessment should read as:

Jet FOB Rotterdam barges were assessed at $541.50/mt Wednesday, up $10.25/mt from the previous close. The premium to ICE low sulfur gasoil futures was assessed at $17.50/mt, up $4/mt. Bids from BP and Total Petrochemical and Refining for barges loading over front and mid-window dates at $17.25/mt proved competitive for assessment against the last tested relationship between physical barges and cargoes. Value was assessed above the level of the outstanding bids.

The correct jet cargo assessment should read as:

Jet CIF NWE cargoes were assessed at $542.25/mt Wednesday, up $6/mt from the previous close. The premium to ICE low sulfur gasoil futures was assessed at $18.25/mt, down $0.25/mt. In the sustained absence of physical indications to demonstrate a physical market weaker than the weakening forward curve, a correction of $1/mt was applied to begin to realign the two structures.

These rationales are published on PGA pages 490 and 491, and in European Marketscan.

For questions or comments, please email europe_products@platts.com.