SBSCRIBER NOTE: Platts launches US BOHO assessment

Effective today, Platts is launching an assessment of the soybean oil/heating oil spread (known as BOHO) that will reflect the value of the front-month contract for Chicago Board of Trade (CBOT) soybean oil futures multiplied by 7.37, the industry standard for the yield for soy methyl ester biodiesel minus the value of the front-month New York Mercantile Exchange (NYMEX) ultra-low sulfur diesel futures at market close. This assessment is expressed in US cents per gallon and published in the Platts database and the Biofuelscan.