21 Oct 2022 | 13:26 UTC

Platts updates minimum quantity displayed for 12.5kt CIF NWE naphtha cargo eWindow instrument

Platts, part of S&P Global Commodity Insights, is updating the minimum cargo quantity displayed on the eWindow communication tool for the 12.5kt CIF NWE naphtha cargoes instrument in the Platts Market on Close process, effective Oct. 27, 2022.

The eWindow order entry box will display 11,250 mt under the quantity range, equating to the minimum guaranteed deliverable quantity for a transaction of 12,500mt +/- 10% in the seller's option, as per existing methodology. This amendment aligns the cargo size to the logic applied to the other cargo sizes that can be bid or offered via the eWindow communication tool in the Platts MOC process. There is no change to the underlying methodology for the CIF NWE naphtha cargo assessment. Please send any feedback or comments to europe_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.