Following a continued review of recognized additives contained in the FOB Singapore gasoil assessment process, S&P Global Platts proposes to begin reflecting a new additive.
The additive is lubricity improver Cristol LI 2200 by Krishna Antioxidants.
Platts proposes to add this additive to the list of recognized additives reflected in its assessment process.
Platts first proposed including this additive on Aug. 28, 2018, and said in a subscriber note published March 8, 2019 that the additive would continue to be reviewed for further consultation and information.
The list of Platts gasoil recognized additives is intended to provide clarity to market participants regarding which additives are generally considered to be merchantable and accepted for cargoes delivered through the Platts Market on Close assessment process in Singapore.
Platts does not align its FOB Singapore additives acceptance to any particular importing country.
For the full list of previously identified additives, please see http://www.platts.com/subscriber-notes-details/27047375.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available to the public upon requests.