Platts to discontinue Singapore B24 biobunkers cost calculated prices

Platts, part of S&P Global Commodity Insights, will discontinue the following Singapore B24 biobunkers cost calculated prices, effective Jan. 2.

The decision follows a proposal period in which Platts has gathered feedback from market participants.

The proposal note can be found here.

The decision to discontinue the prices followed the recent launch of the new daily market-based delivered biobunkers Singapore assessment on Aug. 1, which reflects the current market dynamics.

The new assessment reflects marine fuel blends of maximum 24% biodiesel with low sulfur fuel oils.

Platts publish the prices of Singapore bio-bunkers as a differential to Platts Marine Fuel 0.5% (AMFSA00), and as an outright assessment. Further details of this new assessment can be found here.

The affected symbols that will be discontinued are as follows:

ABUNA00 – Bio-Bunkers B24 Singapore $/mt

ABUNA03 – Bio-Bunkers B24 Singapore $/mt MAvg

ABUNA04 – Bio-Bunkers B24 Singapore $/mt WAvg

ABUNB00 – Storage UCOME Singapore On-Shore Tank $/mt

BBCAA00 – B24 Bio-Bunkers Barging Cost $/mt

Please send any questions, comments or feedback to mrts_biofuelsandfeedstocks@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.