Platts plans to assess 50ppm gasoil FOB AG

Platts plans from March 1, 2010, to launch daily price assessments of 50ppm sulfur gasoil basis FOB Arab Gulf.

These assessments will be published as a fixed price and as a premium to Platts' daily assessment of 0.5% sulfur gasoil FOB AG.

Assessments of 0.5% Sulfur FOB AG are derived as a netback, by subtracting freight costs from Platts' benchmark assessments of 0.5% Sulfur gasoil FOB Singapore.

AG-Singapore clean tanker freight rates can be found in Platts Clean Tankerwire, and on Platts Global Alert (PGA) page 136.

All gasoil assessments basis FOB AG are published on Platts Global Alert (PGA) page 449 and in Platts APAGscan.

Platts invites questions and comments on this proposal by February 1, 2009, emailed to asia_products@platts.com and pricegroup@platts.com.