12 Oct 2015 | 01:05 UTC — London

SUBSCRIBER NOTE: Platts corrects Oct 9 LSFO CIF NWE cargo assessment rationale

Please note the Platts has corrected the October 9, 2015, LSFO CIF NWE cargo assessment rationale. This correction only affects the rationale, not the assessment.

The correct LSFO CIF NWE cargo assessment rationale should read as: The 1% CIF Northwest European cargo assessment was derived as a premium to the 1% FOB Northwest European cargo assessment, using a premium of $6.25/mt; wider than in previous sessions though lower still than the $8.50/mt suggested by the Baltic-UKC 30,000 mt freight assessment.

This rationale is published on Platts Global Alert page 1588, and in Platts European Marketscan.

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