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02 Sep 2014 | 07:38 UTC — Singapore
Platts proposes to launch "East-West" fuel oil spread paper assessments at 16:30 Singapore time. The new assessments would be launched October 1 under the name "East-West Fuel Oil" covering 12 calendar months and three quarters. The assessed derivatives are differentials between FOB Singapore 180 CST fuel oil paper and 3.5% FOB Rotterdam barge paper. At the same time, Platts proposes to launch 3.5% FOB Rotterdam barge derivative assessments at 16:30 Singapore time. The new suite of outright price assessments would cover 12 calendar months. Platts would also publish time-spread paper assessments for all 12 calendar months, and crack spread paper assessments between the 3.5% FOB Rotterdam barge assessments and Brent swaps for all 12 months. Please send any comments and feedback to Platts editors at asia_products@platts.com with a cc to pricegroup@platts.com by September 19. 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.