S&P Global Platts will expand the list of ports reflected in its Market on Close assessment process for CIF Mediterranean ULSD cargoes, effective April 1, 2021, to include Livorno in Italy.
Following market feedback, Platts understands that Livorno is an import location for diesel, more so when the adjacent refinery is undergoing maintenance or running at very low rates. Platts understands the port to be suitable to handle handy-size tankers for cargo discharge on at least two different berths and a current ULSD storage capacity of 16,000 cubic meters.
Platts currently publishes bids and offers in this market for the following locations:
Cyprus : VTT Vasiliko
France: La Nouvelle, Lavera, Sete
Greece: Agioi Theodori, Elefsis, Thessaloniki
Italy: Falconara, Fiumicino, Genoa, Gaeta, Naples, Venice
Spain: Algeciras Barcelona, Castellon, Cartagena, Huelva, Huelva (South Terminal), Malaga, Tarragona, Valencia
Tunisia: La Skhirra
Turkey: Aliaga, Aliaga (Total Terminal), Aliaga (PO Terminal), Dortyol, Iskenderun (PO Terminal), Mersin
Platts first proposed this change in a note published Jan. 22, with a planned implementation date of March 15. That note is available here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/012221-platts-proposes-adding-livorno-to-ports-reflected-in-ulsd-cif-med-assessment
The CIF Med ULSD cargo assessment is published in Platts European Marketscan, on Platts Global Alert page 1420, as well as in the Platts price database under the code AAWYZ00.
Please send all feedback, comments, and questions 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.