18 Dec 2015 | 04:21 UTC — Houston

SUBSCRIBER NOTE: Platts to launch new Latin American refined products assessments

Following a formal review since June 19, 2015, of its refined product assessments in Latin America, Platts will launch several new assessments for the region on February 1, 2016.

These new assessments reflect significant changes in trade, import and export flows for different refined products in Latin America in recent years.

Platts will add a new assessment in Eastern Mexico on a CIF Tuxpan basis for ULSD and the RBOB gasoline blend designated for use in Mexico City meeting the country's specifications, delivering 7-21 days forward in parcels of 250,000-350,000 barrels, priced in US dollars/barrel.

In Colombia, Platts will add an assessment on a DES Colombia basis for diluent naphtha meeting Ecopetrol's specifications, delivering 15-30 days forward in parcels of 170,000-180,000 barrels, priced in US dollars/barrel.

In Ecuador, Platts will assess ULSD and RON 93 gasoline on a CIF Esmeraldas basis, meeting Petroecuador's specifications, delivering 15-30 days forward in parcels of 200,000-300,000 barrels, priced in US dollars/barrel.

In Peru, Platts will assess ULSD on a CIF Peru basis meeting Petroperu's specifications, delivering 15-30 days forward in parcels of 250,000-350,000 barrels, priced in US dollars/barrel. Platts will also assess natural gasoline on a FOB Pisco basis, loading 7-21 days forward in parcels of 300,000 barrels.

In Argentina, Platts will add an assessment for ULSD meeting YPF's specification on a CIF La Plata basis delivering 15-30 days forward in parcels of 250,000-350,000 barrels, priced in US dollars/barrel.

For all these assessments, Platts will publish outright values reflecting a 2:15 Houston timestamp. In the absence of firm bids, offers or trades for these specific commodities Platts will analyze spread differentials to related markets such as US Gulf Coast products.

Platts has also published a separate subscriber note detailing the proposed discontinuation of some of the existing Latin American and Caribbean refined product assessments.

Please send any comments, questions or feedback to americas_products@platts.com and copy 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.