SUBSCRIBER NOTE: Platts proposes daily Ethanol Grade B CFR Ulsan assessment

Following a proposal published in a subscriber note on July 28, 2015, Platts proposes to start assessing Ethanol Grade B on a CFR Ulsan basis from October 1, 2015.

The daily assessment would reflect the daily traded or tradable value of imported Ethanol Grade B at 4:30 pm Singapore time (0830 GMT). It is proposed that the assessment will reflect typical grade B specifications, normalized to standard Ethanol Grade B at 20 degrees with a maximum of 40mg/100ml of higher alcohols. Volume would be normalized to 5,000 cu m, while the timing would be for delivery to Ulsan 60-90 days forward.

As per Platts' methodology, the assessment would be made using transactional information collected daily, including transactions, bids and offers. In the absence of representative CFR Ulsan price information, Platts may also refer to FOB prices from relevant supply origins using prevailing spot freight rates.

Platts is inviting feedback on the proposed new assessment and the specifications through September 14, 2015.

Please send all questions and feedback to asia_ags@platts.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 to the public upon request.