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About Commodity Insights
14 Dec 2016 | 03:59 UTC — Houston
With effect from December 1, 2016, Platts has launched publication of Pemex's official selling price for Maya crude to the US West Coast.
The Maya official selling price consists of two parts, a constant (K Factor) and a formula. The constant is published by Pemex, and the formula, also published by Pemex, is calculated using Platts assessments.
The Maya to USWC selling price is published daily and monthly using the formula:
0.40 (WTS + *USGC No. 6 3%S) + 0.10 (LLS + Dated Brent) + Pemex's K factor for Maya to the USWC.
*On Jan. 1, 2017, the Platts assessment for USGC No. 6 3%S will become USGC HSFO.
The Maya constant is published on PGA pages 1063 and 1064 under the product code AAUWK00. The daily formula value is published on PGA 1063, under the code AAUFV00.
The Maya posting value (Constant + Formula) is published daily on PGA page 1063 under the code AAUPK00.
For questions or comments, please email Americas_crude@spglobal.com.
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.