Platts to update 2023 European gasoline, naphtha netback and net-forward assessment formulae effective Jan. 3, 2023

Platts, part of S&P Global Commodity Insights, will update the formulae to derive its netback and net-forward assessments to reflect updated Worldscale freight rates for 2023.

The changes are effective Jan. 3, 2023 across the following Platts price assessments for the Europe and Africa region:

Gasoline

Assessment Name 2023 netback/net-forward formula

Premium gasoline 10PPM Cargoes CIF Med (AAWZB00) $8.05/mt

West Africa Gasoline CIF West Africa (AGNWC00) $19.75/mt

Naphtha

Assessment Name 2023 netback/net-forward formula

Naphtha Cargoes FOB Med (PAAAI00) 2023 WS rate for Alexandria-Rotterdam, inclusive of Rotterdam port fees

Naphtha Cargoes CIF Med (PAAAH00) 2023 WS rate for Alexandria-Lavera, inclusive of Rotterdam port fees

Please send any questions or comments to Europe_products@spglobal.com with a cc to pricegroup@spglobal.com.