SUBSCRIBER NOTE: Platts corrects September 15, Gasoline Premium Unleaded 10 ppm CIF NWE Cargoes rationale

Please note Platts has corrected the September 15, 2015, Gasoline Premium Unleaded 10 ppm CIF NWE Cargoes rationale. This correction only affects the rationale, not the assessment.

Gasoline Premium Unleaded 10 ppm CIF NWE Cargoes rationale should read as:

The CIF NWE gasoline cargo market was assessed at $500.50/mt at a $4.25/mt premium to the FOB Eurobob barge market. There were no bids or offers in the Platts MOC. The assessment reflected six days of summer-grade gasoline and ten days of winter-grade gasoline on a pro-rated basis. The assessment was made assessing the summer portion of the 10-25 days forward assessment curve at a $15.50/ mt premium to the summer Eurobob gasoline barges. The winter-portion of the 10-25 days forward assessment curve was derived applying a minus $18/mt differential to the summer-grade gasoline curve. The assessment was made on the basis of the relationship between the physical and swaps markets. The FOB Eurobob physical barge value was assessed at $496.25/mt at a $22/mt premium to the front-month swap.

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

For questions or comments, please email europe_products@platts.com.