SUBSCRIBER NOTE: Platts to launch new Brazil refined product import parity prices

S&P Global will publish additional import parity prices for ULSD, jet fuel, and gasoline in Brazil, starting September 3, 2019. These prices will expand on those launched on November 9, 2018, to cover all 12 of the country's major refinery locations.

The proposal note published August 1 can be found here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/080119-pl atts-proposes-new-brazil-refined-product-import-parity-prices

The existing import parity prices at five Brazilian ports will be updated to include storage costs and inspection fees. Two new port prices -- Manaus and Tramandai -- will represent the cost of each product imported on the day of publication. They will include the product value, freight, demurrage, insurance, losses, marine taxes, storage, inspection, multi-port discharge optionality, and quality differences, where applicable.

From these two ports, as well as the five Brazilian ports where Platts already publishes prices, trucking costs will be applied to show Import Parity Costs at a further nine inland locations.

The new import parity prices will be published in $/barrel and in Brazilian Real/cubic meter.

Platts will publish these prices in Latin American Wire and on Platts Global Alert page 166 under the following codes in the Platts pricing database:

Gasoline $/b R$/cu m Manaus BGMAA00 BGMAB00 Tramandai BGTRA00 BGTRB00 Guamare BGGUA00 BGGUB00 Duque de Caxias BGDEA00 BGDEB00 Betim BGBTA00 BGBTB00 Cubatao BGCUA00 BGCUB00 Maua BGMUA00 BGMUB00 Paulinia BGPLU00 BGPLB00 Sao Jose dos Campos BGSJA00 BGSJB00 Araucaria BGAUA00 BGAUB00 Canoas BGCNA00 BGCNB00

ULSD S10 $/b R$/cu m Manaus BUMAA00 BUMAB00 Tramandai BUTRA00 BUTRB00 Guamare BUGUA00 BUGUB00 Duque de Caxias BUDEA00 BUDEB00 Betim BUBTA00 BUBTB00 Cubatao BUCUA00 BUCUB00 Maua BUMUA00 BUMUB00 Paulinia BUPLU00 BUPLB00 Sao Jose dos Campos BUSJA00 BUSJB00 Araucaria BUAUA00 BUAUB00 Canoas BUCNA00 BUCNB00

Jet fuel $/b R$/cu m Manaus BJMAA00 BJMAB00 Tramandai BJTRA00 BJTRB00 Guamare BJGUA00 BJGUB00 Duque de Caxias BJDEA00 BJDEB00 Betim BJBTA00 BJBTB00 Cubatao BJCUA00 BJCUB00 Maua BJMUA00 BJMUB00 Paulinia BJPLU00 BJPLB00 Sao Jose dos Campos BJSJA00 BJSJB00 Araucaria BJAUA00 BJAUB00 Canoas BJCNA00 BJCNB00

Please send all comments or questions to americas_products@spglobal.com and pricegroupspglobal.com.

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