14 Sep 2010 | 09:01 UTC — London

NWE naphtha assessment clarification

In its European CIF refined product cargo assessment processes, Platts reflects bids and offers where the seller's General Terms and Conditions apply.

Platts views this as standard industry practice.

Furthermore, Platts only reflects GTCs that are well established, widely traded and reflective of typical trading practices.

Comments please to europe_products@platts.com with a CC to pricegroup@platts.com