S&P Global Platts has discontinued Buenos Aires 3.5% sulfur IFO 380 CST and IFO 180 CST bunker fuel assessments, and launched Average Price Indicators for these grades in their place, effective February 3, 2020.
Platts proposed to discontinue these assessments on December 11: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/121119-platts-proposes-to-discontinue-buenos-aires-ifo-380-180-cst-bunkers-assessments
Platts will continue to publish values for these grades in this location as Average Price Indicators. Platts publishes Average Price Indications for a variety of ports and grades where there is less liquidity and where no assessment is published. For API ports where there are no fresh price points entered on a given day, the API may be designated as a dependent price, and would be generated based on the last known differential between the API and a correlated port or more liquid fuel oil benchmark.
Platts has discontinued publication of the following prices from February 3:
Bunker FO 380 CST 3.5% Dlvd Buenos Aires PUAYH00
Bunker FO 180 CST 3.5% Dlvd Buenos Aires PUAYG00
Platts will continue to publish the assessments of marine gasoil and Marine Fuel 0.5% in Buenos Aires.
These discontinued prices appeared on Platts Global Alert pages 870, 871 and Platts Shipping Alert pages 2240 and 2241. They appeared in Bunkerwire, Bunkerwire Monthly and Latin American Wire, as well as in the Platts price database. The Average Price Indicators will appear in Bunkerworld and in the Platts price database.
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