SUBSCRIBER NOTE: Platts corrects November 6 ARA gasoil barge rationale

Platts has corrected the Friday, November 6, 2015, assessment rationale for ARA 0.1% gasoil barges.

The amended rationale should read as:

"The FOB ARA 0.1% gasoil barge assessment was derived using the following inputs: the back-end laycan was assessed at minus $18.46/mt to the front-month ICE low sulfur futures contract, 25 cents above a live competitive bid at the close of the Platts Market on Close assessment process. A contango structure of 15 cents/day as implied by the physical versus swaps structure was applied across the assessment curve."

This rationale is published on Platts Global Alert page 1427, and in Platts European Marketscan.

For questions or comments, please email europe_products@platts.com.