20 Aug 2009 | 03:52 UTC — New York

European 10 ppm ULSD winter grades

Following subscriber feedback, Platts proposes to start reflecting winter grades of 10 ppm sulfur diesel in its ULSD 10 ppm (basis ARA) assessment from September 7.

Summer spec 10 ppm sulfur diesel will be given a progressively lighter weighting up to September 21.

Platts also proposes to start reflecting intermediate grades of 10 ppm sulfur diesel on a pro-rated basis in its Diesel 10 ppm (basis Hamburg) assessments from August 14.

Summer spec 10 ppm sulfur diesel will be given a progressively lighter weighting up to August 28.

Platts proposes to start reflecting winter grades of diesel within the Diesel 10 ppm assessments on a pro-rated basis effective September 30, with intermediate spec being given a progressively lighter weighting up to October 14.

Platts proposes to start reflecting winter grades of 10 ppm French sulfur diesel on a pro-rated basis in its 10 ppm cargo FOB and CIF for NWE and MED assessments effective September 1, with summer spec being given a progressively lighter weighting up to September 14.

Please note, the Diesel 10 ppm assessment (Hamburg) will remain at parity to the ULSD 10 ppm (ARA) assessment, although any bids and offers for material basis Hamburg will be normalized according to the above seasonality schedule.

Please forward any comments to europe_products@platts.com.