Platts proposes to launch Gasoline Premium 10ppm Non-Oxy barge FOB AR assessment Aug 4

Platts, part of S&P Global Commodity Insights, proposes to publish new daily assessments for FOB Amsterdam-Rotterdam (AR) Non-oxygenated Premium 10ppm gasoline barges, effective Aug. 4, amid market interest and an observed increase in the volume of non-oxy premium 10ppm gasoline trading in the Northwest European market.

Plats understands that ex-refinery material of non-oxy finished grade gasoline, also known as non-oxy 'Euros' material represents an increasingly larger portion of the Northwest European break-bulk market, and initial market feedback has supported the introduction of a new assessment reflecting non-oxy finished grade gasoline to capture this trend.

The new Premium 10ppm Non-Oxy FOB AR barge assessment would reflect the value of bids and offers for parcel sizes of 1,000 mt. Bids and offers may be published in multiples of 1,000 mt, up to a maximum of 5,000 mt. The assessment would reflect a basis 1,000 mt size.

The assessment would reflect material conforming to EN 228 standard for 95 RON, 85 MON and a reference density of 0.755 kg/l. The maximum sulfur content is 10ppm, and the aromatics limit is maximum 35%.

Platts would assess the value of non-oxy finished grade gasoline barges loading on a FOB AR basis 3-15 days forward from date of publication on Mondays and Tuesdays, and 5-15 days forward on Wednesdays through Fridays.

All bids, offers and trades would be published FOB Amsterdam-Rotterdam. Upon a deal, a seller could nominate any standard terminal in Amsterdam/Rotterdam. Loading nominations at Antwerp or Terneuzen would also be reflected.

Where Antwerp or Terneuzen are nominated, any demonstrable incremental costs incurred by the buyer should be borne by the seller.

For further details on existing assessments, including Platts established Gasoline Prem Unleaded 10ppmS FOB AR Barge assessment (PGABM00), please refer to regional methodology and specifications guides at: https://www.spglobal.com/platts/en/our-methodology/methodology-specifications.

Platts continues to engage with relevant stakeholders and monitor for new fuel specification standards as they emerge to ensure its assessments reflect fuel grades that are most widely used.

Please send any feedback, questions or comments by June 5 to europe_products@spglobal.com and pricegroup@spglobal.com.

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 upon request.