SUBSCRIBER NOTE: Platts updates Europe naphtha netbacks for 2015

Effective January 2, 2015 the Worldscale flat rate used to calculate the netback formula for FOB Med naphtha cargoes becomes $14.36/mt. An additional $1.01/mt will be added to the NWE-Med freight rate as calculated port fees in Rotterdam. The Worldscale flat rate used to calculate the netback formula for CIF Med naphtha becomes $9.24/mt.

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