Subscriber note: Platts proposes to assess European ethanol swaps

Platts invites feedback on its proposal to assess the price of financially-settled T2 European fuel grade ethanol swaps. The European ethanol swap trades in lots of 100 cubic meters and settles on the arithmetic average of the mid-point of the high and low quotations for physical T2 undenatured ethanol assessments published by Platts during the determined contract month. Platts proposes to assess swaps for the next six calendar months from the date of publication. The assessments would roll forward on the first business day of each month and will reflect the close of European markets, time stamped at 1630 London time subject to the typical guidelines of the Platts Market On Close assessment process. Please provide feedback or submit questions by December 1, 2012, to guilherme_kfouri@platts.com with copy to pricegroup@platts.com.