METHODOLOGY: Platts to update 2025 European gasoline, naphtha netback and net-forward assessment formulae effective Jan 2, 2025

Platts, part of S&P Global Commodity Insights, will update the formulae to derive its netback and net-forward assessments to reflect updated Worldscale freight rates for 2025.

The changes are effective Jan. 2, 2025, across the following Platts price assessments for the Europe and Africa region:

Gasoline:

Assessment Name 2025 netback/net-forward formula

Premium gasoline 10PPM Cargoes CIF Med (AAWZB00) $7.82/mt

West Africa Gasoline CIF West Africa (AGNWC00) $18.91/mt

Naphtha:

Assessment Name 2025 netback/net-forward formula

Naphtha Cargoes FOB Med (PAAAI00) 2025 WS rate for Alexandria-Rotterdam, at the net of Rotterdam port fees.

Naphtha Cargoes CIF Med (PAAAH00) 2025 WS rate for Alexandria-Lavera.

Please send any questions or comments to Europe_products@spglobal.com with a cc to pricegroup@spglobal.com.