NYH gasoline, distillates optionality clarification

Platts New York Harbor gasoline and distillate assessments reflect bids where the seller chooses the delivery basis if the buyer submits a basis option of barge or Buckeye Pipeline cycle.

The reverse is true if the seller offers the option of delivery on a barge or Buckeye basis.

Furthermore, Platts reflects bids which grant the seller the option of the three day laycan in the event that the buyer states a laycan longer than three days.

The reverse is true if the seller offers a laycan longer than three days.

Please submit comments to sheela_tobben@platts.com or esa_ramasamy@platts.com with a cc to the Platts Price Group at pricegroup@platts.com.