SUBSCRIBER NOTE: Platts updates Europe diesel netbacks for 2016

Effective January 4, 2016, Platts updates all its Worldscale flat rates for ultra low sulfur diesel cargoes in Northwest Europe and the Mediterranean.

The flat rate used to calculate the netback formula for ULSD 10ppmS FOB Med Cargoes (AAWYY00) becomes $7.06/mt.

The flat rate used to calculate the netback formula for ULSD 10ppmS FOB NWE Cargoes (AAVBF00) becomes $7.44/mt.

The flat rate used to calculate the netback formula for ULSD 10ppmS FOB NWE Basis Le Havre Cargoes (AAWZD00) becomes $7.65/mt.

The flat rate used to calculate the netback formula for ULSD 10ppmS CIF NWE Basis UK Cargoes (AAVBH00) becomes $2.51/mt.

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