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Refined Products, Diesel-Gasoil
August 26, 2025
Platts, part of S&P Global Platts, is proposing to amend the specifications reflected in its Gasoil 0.1% Cargoes CIF Med (AAVJJ00) Market on Close assessment process, effective Jan. 2, 2026.
These changes come amid an observed change in the typical density range and cold properties of gasoil cargoes with max 0.1% sulfur traded on a CIF basis in the Mediterranean basin, as a significantly higher proportion of volumes have traded into the North Africa region in recent years.
Platts Gasoil 0.1% Cargoes CIF Med assessment currently reflects Spanish (B&C) quality gasoil for heating oil use with a density range of 0.820-0.880 kg/l, and a reference density of 0.845 kg/l. By virtue of the assessment reflecting Spanish (B&C) quality gasoil, it currently reflects the following cold properties:
Based on preliminary feedback received, Platts is proposing the following changes to its current specifications from Jan. 2, 2026:
| Current Specifications | Proposed changes from Jan 2, 2026 | |
| Density Range | 0.820-0.880 kg/l | 0.820-0.890 kg/l |
| Reference Density | 845 kg/l | 845 kg/l |
| Cloud Point | 4 C in winter and summer | 5 C in winter and summer |
| Cold Filter Plugging Point (CFPP) | minus 10 C in winter, minus 6 C in summer | minus 6 C in winter, 0 C in summer |
Platts is proposing to continue allowing other grades of 0.1% gasoil merchantable in the Mediterranean basin, including, but not limited to, Libyan, Algerian, and Spanish gasoil C, subject to normalization to the reference specification. The assessment will continue to reflect product with price escalated or de-escalated, depending on the density.
In addition, Platts is seeking market feedback on the suitability of continuing to reflect a flash point of 60 C as per current Spanish (B&C) quality standards, in light of the aforementioned shifts in trading patterns in the Mediterranean.
While Platts has observed an increase in Mediterranean 0.1% marine gasoil demand typically trading on an ASIS basis, following the implementation of Mediterranean Emission Control Area (ECA) May 1, 2025, the Distillate Marine Fuel (DMA) market remains fragmented with a variety of pricing references used. As such, current market dynamics and trading patterns are such that Platts continues to invite feedback but is not proposing additional assessments at this stage.
Platts periodically reviews the specifications of all its assessments to ensure they are representative of the most tradable grades.
The proposed changes would apply to the following two assessments and their monthly averages:
Please send any comments or feedback on this proposal by Sept. 15 to europe_products@spglobal.com and pricegroup@spglobal.com.
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.