Platts corrects Sept 16 50ppm gasoil barge rationale

Please note that Platts, part of S&P Global Commodity Insights, has corrected the Sept. 16 Gasoil 50ppm FOB ARA Barge AAUQC00 assessment rationale.

The rationale should read as follows:

Gasoil .005%S (50ppm) FOB ARA Barge AAUQC00 assessment rationale: The FOB ARA 50 ppm gasoil barge assessment was based on the following inputs expressed as a differential to the front-month ICE low sulfur gasoil futures contract: Value on Sept. 24 was assessed at $21.25/mt, above an outstanding bid. A backwardation of 50 cents/day was applied to the front and back of the physical curve.

Exclusions: No data was excluded from the assessment.

The rationale is published on PGA page 1419 and in Platts European Marketscan.