SUBSCRIBER NOTE: Platts to launch daily Ethanol Grade B CFR Ulsan assessment on Oct 1

Platts is to start assessing Ethanol Grade B on a CFR Ulsan basis from October 1, 2015, following up on the proposal subscriber notes published on July 28 and August 31.

The daily assessment will reflect the daily traded or tradable value of imported Ethanol Grade B at 1630 Singapore time (0830 GMT). 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 will be normalized to 5,000 cu m, while the timing will be for delivery to Ulsan 60-90 days forward.

As per Platts' methodology, the assessment will 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.

The assessment will be available in BiofuelScan, Platts Biofuels Alert, Platts Weekly Ethanol Report and Platts Market Data category BF.

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.