SUBSCRIBER NOTE: Platts to increase incrementability for NWE ETBE window

Following market feedback, Platts has decided to increase the increments by which bids and offers can be improved in the European ethyl-tertiary butyl ether (ETBE) Market On Close assessment process to a maximum of $3/minute, to align it to the practice in the related MTBE market. Currently, participants in the ETBE MOC process are able to improve their bids and offers by a maximum $1/minute as an outright price and by a maximum $2/minute for the indications based on a premium to MTBE. The change in incrementability rules will become effective December 14, 2015. Please send any comments and queries to pl_petchems_ln@platts.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.