SUBSCRIBER NOTE: Platts proposes to discontinue USGC paraffinic naphtha assessment

S&P Global Platts is proposing to discontinue its assessment of CIF paraffinic naphtha barges on the Gulf Coast with effect from June 1, 2017, based on feedback that trade on a delivered basis has become illiquid.

With the rise of US production and refining capacity, most paraffinic naphtha is now traded for export. The value of this product is already reflected in Platts FOB USGC Light Straight Run naphtha barge assessment.

The specific assessments Platts is proposing to discontinue are as follows:

Price code Monthly average Paraffinic naphtha barge CIF Houston AAYEU00 AAYEU03 Paraffinic naphtha vs. Mt. Belvieu non-Targa AAYEW00 AAYEW03 natural gasoline

Platts other USGC naphtha assessments, including standard naphtha barges, heavy naphtha barges, naphtha FOB cargoes and Light Straight Run naphtha barges, are not affected by this proposal.

Platts invites feedback on the proposed discontinuation by January 13, 2017.

For questions or comments, please email americas_products@platts.com, with a cc to pricegroup@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.