Subscriber note: Platts proposes biodiesel premium assessments

Platts is extending the period for feedback from the industry on market participants' usage of biodiesel premiums and their relationship with ICE gasoil futures to December 31, 2012. Platts now proposes to publish biodiesel premiums over ICE gasoil futures for its spot assessments of FAME 0, FAME minus 10, SME and RME from February 1, 2013. This will encompass both RED and non-RED biodiesel price assessments. The proposed assessments will reflect premiums over ICE gasoil futures on daily spot transactions on a FOB ARA basis. The assessments will be time stamped at 16:30 London time and subject to the typical guidelines of the Platts Market on Close assessment process. Please provide feedback to sean_bartlett@platts.com, guilherme_kfouri@Platts.com, with copy to petchems@platts.com and pricegroup@platts.com.