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17 Oct 2022 | 05:00 UTC
Platts, part of S&P Global Commodity Insights, has changed the name of its differential assessment for US Gulf Coast light straight run naphtha vs natural gasoline, with effect from Oct. 17, 2022, to bring it into line with a recently announced name change for its basis Mont Belvieu natural gasoline assessment.
Platts announced it was renaming some of its Mont Belvieu NGL assessments with effect from June 1, 2022 to better reflect the names of the specific cavern locations where they are traded: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/060122-platts-renames-mont-belvieu-ngl-assessments-june-1
The decision to change the LSR naphtha differential was announced in a subscriber note published Sep. 13:
https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/091322-platts-to-rename-usgc-light-straight-run-naphtha-differential-vs-natural-gasoline-oct-17
This change applies only to symbol AAXQN00, which was previously named light straight run naphtha barge vs Mt Belvieu non-Targa gasoline, and its corresponding monthly average symbol AAXQN03.
From Oct. 17, the new name of this differential assessment is light straight run naphtha USGC barge vs Mt Belvieu Enterprise natural gasoline. The symbols and methodology remain unchanged.
This assessment is published in Platts US Marketscan, North American Crude and Product Scan and Oilgram Price Report; on Platts Global Alert and Platts Refined Products Alert pages 338, Platts Feedstocks Alert page 760, as well as in the Platts price database under the code above.
Please send any further comments, feedback and questions to americas_products@spglobal.com and pricegroup@spglobal.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.