Platts to update rolling logic for New York Harbor ethanol barges

Platts, part of S&P Global Commodity Insights, will change the logic for when it rolls prompt and forward-month assessments of New York Harbor barges to be the first publishing day after eight calendar days before the end of the month, effective Oct. 1, 2022.

The change will better reflect standard nomination procedures of buyers providing nomination five calendar days before a three-day loading period. The current methodology reflects a roll from prompt month to second month seven calendar days before the end of the prompt month.

The change will not affect the roll in a typical month but if the rolling date occurs on a non-publishing day, the roll will change to the first publishing day after eight calendar days from the end of the month rather than the first publishing day after seven calendar days from the end of the month,.

For example, Nov. 28, 2022, would be the first day for the December any-month New York Harbor barge assessment as the front month, as Nov. 28 reflects the first publishing day after Nov. 24, the Thanksgiving holiday.

Please send any feedback, questions or comments to Americas_ags@spglobal.com and pricegroup@spglobal.com.

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