Subscriber note: Platts proposes biodiesel premium assessments

Platts proposes to publish biodiesel premiums over ICE gasoil futures for its spot assessments of FAME 0, FAME minus 10, SME and RME from January 2, 2013. This will encompass both RED and non-RED biodiesel price assessments. The proposed assessments will reflect premiums over ICE gasoil futures on daily spot transactions on a FOB ARA basis. The assessments will reflect the close of European markets, time stamped at 16:30 London time subject to the typical guidelines of the Platts Market on Close assessment process. Platts invites feedback from the industry on market participants' usage of biodiesel premiums and their relationship with ICE gasoil futures. Please provide feedback by November 16 to sean_bartlett@platts.com, guilherme_kfouri@Platts.com, with copy to petchems@platts.com and pricegroup@platts.com