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08 Oct 2015 | 06:39 UTC — Singapore
Platts proposes to launch assessments for 380 CST and 180 CST bunker fuel and Marine Gasoil (MGO) in South Korea's Busan port and Sri Lanka's Colombo port with effect from January 4, 2016.
The new assessments would reflect specifications conforming to ISO 8217: 2005.
The 380 CST and 180 CST delivered bunker assessments would reflect material that generally conform to that for RMG 380 and RME 180, and the marine gasoil assessment would reflect material that conform with that for DMB.
Specification and assessment parameters would be detailed in Platts' Asia Refined Oil Products Methodology and Specifications Guide at the time of launch.
The new assessments would reflect material for delivery at port three-seven days from the day of publication.
The new Busan assessment would typically be assessed at parity to Platts existing South Korean assessments.
Platts expects to publish these new assessments in Bunkerwire and Marine Alert, with pages and market database symbols to be announced in due course.
Platts welcomes all feedback and questions to pl_asia_oilproducts@platts.com and pricegroup@platts.com. Please send all comments by October 20, 2015.
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.