SUBSCRIBER NOTE: Platts to reduce max sulfur content for Durban MGO bunkers assessment

Following observed changes in South Africa's bunker fuel market, S&P Global Platts will reduce the maximum sulfur content reflected in the delivered Durban Marine Gasoil assessment [PUAGY00, monthly average PUAGY03]. The current 1.5% sulfur limit will be reduced to 0.1%. The change will take effect from February 1, 2019.

The change is prompted by Platts understanding that the majority of traded volumes at the port are now for 0.1% low sulfur MGO.

This follows a proposal note to reduce the maximum sulfur content at Durban, published November 19, the link for which can be found here:

https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/111918-pl atts-proposes-to-reduce-max-sulfur-content-for-durban-mgo-bunkers-assessment

Please send all comments, feedback and questions to pricegroup@spglobal.com and europe_products@spglobal.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.