22 Sep 2021 | 15:21 UTC

Platts corrects Sept. 21 FOB Med Prem Unl Gasoline Cargo assessment rationale

Please note that S&P Global Platts has corrected the Sept. 21 assessment rationale for FOB Med 10ppm premium unleaded gasoline cargo.

The correction affects only the rationale, which should read as follows:

The FOB Mediterranean winter gasoline cargo market was assessed at a $20/mt premium to the October Med swap, down from a $20.25/mt premium, in the absence of competitive indications in the Platts Market on Close assessment process.

A 66 cents/mt backwardated structure derived from $677.75/mt October and $657.75/mt November Med swaps was applied to the curve.

The rationale is published in Platts European Marketscan and on Platts Global Alert page 1389.