Platts clarifies publishing guidelines for bids and offers in the 3.5% HSFO CIF Med Cargo MOC

Platts, part of S&P Global Commodity Insights, wishes to clarify its publishing guidelines for bids and offers reported in the 3.5% HSFO CIF Mediterranean Cargo Market on Close assessment process.

In line with its existing methodology around typical pricing terms, Platts reports bids and offers on a floating basis referencing 3.5% CIF Med HSFO Cargoes or 3.5% FOB Med, alongside 3.5% FOB Rotterdam Barges as well as on an outright price basis. When referencing 3.5% CIF Med HSFO Cargoes or 3.5% FOB Med, Platts will typically expect a minimum pricing period of 10 Platts publishing days, effective immediately.

Please send any questions, comments, or feedback to europe_products@spglobal.com with a copy to pricegroup@spglobal.com.

For written comments, please provide a clear indication if they 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.