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04 Oct 2015 | 02:22 UTC — Singapore
Following a continued review of additives reflected in its FOB Singapore gasoil assessments, Platts has identified two further additives which have been historically acceptable in gasoil delivered on a FOB Singapore basis.
These additives are lubricity improvers Sanfric FM-6C and Infineum R650. These additives have historically been delivered into the Platts Market on Close assessment process, and have been used around the region. Platts will add them to the list of recognized additives reflected in its assessment process.
In January 2015, Platts began publishing a list of additives reflected in its FOB Singapore gasoil assessments. This followed an initial review of the merchantability of additives reflected in its assessment process.
As part of its extensive survey, Platts received submissions from market participants. These were studied and used to compile the published list of additives which was intended to provide clarity to market participants regarding which additives are generally considered to be merchantable and accepted for cargoes delivered through the Platts Market on Close assessment process in Singapore.
Platts continue to review other additives submitted by market participants for inclusion into the list. Market participants who have not submitted lists of acceptable additives may still do so, and Platts will update the additives list after review of any further submissions.
For the full list of previously identified additives, please see http://platts.com/subscriber-notes-details/27047375
For comments and feedback, please contact asia_oilproducts@platts.com and pricegroup@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 upon request.