01 Sep 2009 | 08:57 UTC — New York

Platts to launch Chicago CBOB September 8

After a period of industry consultation, Platts has decided to launch a Conventional Blendstock for Oxygenate Blending gasoline assessment in Chicago on September 8, the first trading day for the second pipeline cycle for September in Chicago.

The proposed spot CBOB assessment will reflect Octane (R+M/2) of 87 minimum after blending with 10% ethanol and will follow the Explorer Pipeline specifications for CBOB.

The new assessment is also to follow the existing methodology for Chicago refined product assessments.

The new assessment would be published on Platts Global Alert page 275, in US Marketscan, Oilgram Price Report and in Dispatch.

Please contact Jennifer Brumback, jennifer_brumback@platts.com, and David Ruisard, david_ruisard@platts.com, with a CC to pricegroup@platts.com.