Platts to express FOB Rotterdam hydrocarbon solvent assessments as outright values in market commentaries

Platts, part of S&P Global Energy, will express FOB Rotterdam hydrocarbon solvent assessments as outright values in market commentaries, in order to more clearly state the final assessed value.

Platts has previously expressed FOB Rotterdam solvent naphtha, white spirit and hexane spot values as premiums over their respective feedstocks in market commentaries, while publishing a final outright value.

Prices for FOB Rotterdam white spirit were expressed as a premium to the Platts jet fuel CIF NWE (PJAAU00) price. Prices for FOB Rotterdam hexane were expressed as a premium to the Platts naphtha CIF NWE (PAAAL00) price.

Prices for FOB Rotterdam solvent naphtha were expressed as a premium to an average of the Platts premium unleaded gasoline 10 PPM FOB AR (PGABM00) and Eurobob gasoline FOB AR (AAQZV00) assessments.

The change better reflects Platts prioritization of outright values over floating prices and affects the symbols below:

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