SUBSCRIBER NOTE: Platts not to add GHG spec for T2 ethanol, or decouple T2 DE ethanol

Platts has decided not to add a requirement for minimum greenhouse gas savings to the specification for the T2 ethanol FOB Rotterdam assessment, beyond the 35% minimum savings required in order to be compliant with the European Union's Renewable Energy Directive.

In addition, Platts has decided not to decouple the Platts FOB Rotterdam T2 ethanol assessment and the Platts FOB Rotterdam T2 German spec assessment.

The decision follows announcements, dated January 20, February 24 and June 16.

Platts continues to monitor the activity and development of the European ethanol market in light of the change to the German domestic biofuel mandate and will adapt its methodology as necessary to reflect standard spot market trade flows.

Please send any comments or questions to europe_ags@platts.com with a CC to pricegroup@platts.com

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