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08 Nov 2018 | 13:36 UTC — London
S&P Global Platts wishes to clarify the reference density adopted in the calculation of its Euro/liter and GB pence/liter denominated assessments of jet fuel.
The reference density is 0.817 kg/m3, with a liter/tonne conversion factor of 1224.
In previous subscriber notes, Platts had erroneously reported a reference density of 0.800 kg/m3.
Platts assessments of jet fuel reflect standard commercial Jet-A1 specifications, as defined by UK Ministry of Defence in DEFSTAN 91-091, which outlines a density range of 0.775-0.840 kg/l.
The assessments appear on Platts Global Alert pages 1370 and 1371; in Platts' European Marketscan and Oilgram Price Report; and in the Platts price database under the following codes:
Euro cents per liter assessments codes:
- FOB Med Cargoes: ABXGH00; CIF Mediterranean cargoes: ABXGI00 - FOB NWE Cargoes: ABXGJ00; CIF NWE cargoes: ABXGK00 - NWE barges FOB Rotterdam: ABXGL00
GB pence per liter assessments codes:
- FOB NWE Cargoes: ABXGM00; CIF NWE cargoes: ABXGN00
The assessments were launched on October 2, 2017 with a decision note published August 29, 2017 and available at ? www.platts.com Please send all comments to europe_crude@spglobal.com, 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.