30 Oct 2009 | 05:09 UTC — New York

Platts proposes ex-duty for USAC gasoline cargoes

Platts is seeking comment on a proposal to change the basis of its US Atlantic Coast gasoline cargo assessments to ex-duty and welcomes your feedback on appropriate timing for this proposed change.

Platts continues to assess the USAC gasoline cargoes on an inside-duty basis, but typical market practices for gasoline import cargo transactions have shifted primarily to an ex-duty basis.

Platts will continue to assess the USAC distillate cargo markets on an inside-duty basis.

For additional questions, please contact Sheela Tobben, sheela_tobben@platts.com, Asif Ali, asif_ali@platts.com with a cc to pricegroup@platts.com.