Platts publishes European VGO netbacks for 2020

The following changes will be made on Thursday, January 2, across vacuum gasoil assessments by S&P Global Platts for the Europe and Africa region to reflect Worldscale freight rates for 2020.

The flat rate used to calculate FOB Baltics VGO cargoes as a freight netback from CIF NWE VGO cargoes becomes $8.72/mt.

Please note that spot market bids/offers/trades may, where relevant, also be taken into account when assessing FOB Baltics VGO cargoes.

The Rotterdam harbor dues used will be 85 cents/mt.

The flat rate used to calculate FOB Black Sea VGO cargoes as a freight netback from CIF Mediterranean cargoes becomes $8.08/mt.

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