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23 Aug 2017 | 02:38 UTC — Singapore
S&P Global Platts proposes to discontinue its assessment for Vietnam's Su Tu Den crude differential to OSP with effect from December 1, 2017.
Platts understands that the spot market for Su Tu Den now typically trades as a differential against Platts Dated Brent crude assessments. The proposed discontinuation of the crude's differential to OSP assessment would ensure Platts' assessments conforms with the latest market conventions.
The proposed discontinuation of the crude's differential to OSP assessment would not alter any other aspects of Platts assessments of the Vietnamese crude. Platts also assesses Su Tu Den on an outright basis at Asia MOC close under code AARAR00 and at London close under code AARAQ00, and as a differential to Asia Dated Brent under code AARAS00.
The assessment for Su Tu Den crude differential to OSP is published on Platts Global Alert pages 2216, 2250, 2251 under code AARAT00. Please send all comments and queries to asia_crude@spglobal.com and pricegroup@spglobal.com by October 31, 2017.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.