16 Dec 2014 | 09:56 UTC — Singapore

SUBSCRIBER NOTE: Platts to launch palm oil/gasoil spread assessment at Singapore close

Platts proposes to launch an assessment of the palm oil/gasoil spread (known as POGO), which will reflect the value of the first forward month contract for Bursa Malaysia (BMD) palm oil futures minus the value of front-month Intercontinental Exchange (ICE) gasoil futures at 4:30 pm Singapore time (830 GMT).

This assessment will be expressed in US dollars per metric ton and published in the Platts BiofuelScan, and under the code POVGO00 in the Platts database.

Platts proposes to launch this assessment on February 2, 2015.

Please send any comments and feedback to Platts editors to asia_ags@platts.com, with a cc to pricegroup@platts.com by January 15, 2015.

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.