SUBSCRIBER NOTE: Platts to launch ICE Gasoil EFS, ESS assessments at Singapore close

Platts confirms it will extend its existing suite of FOB Singapore 500 ppm-ICE Gasoil EFS (Exchange of Futures for Swap) assessments and launch ESS (Exchange of Swaps for Swap) paper assessments and ICE Gasoil frontline swap assessments at 16:30 Singapore time.

The new assessments will be launched February 2, 2015 under the names "Gasoil EFS", "Gasoil ESS" and "Gasoil Frontlines" spanning 12 calendar months and three quarters. This is a slight delay from the previously announced launch date of January 2.

The assessed derivatives are differentials between FOB Singapore 500 ppm paper and ICE gasoil futures (EFS) and the ICE gasoil frontline swap (ESS).

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