As part of its commitment to provide insight into new markets, S&P Global Platts is proposing to launch import parity prices for ULSD, jet fuel and gasoline in Colombia, effective July 1, 2021.
The import parity prices would be based at the port of Barranquilla for ULSD, jet fuel and gasoline, all meeting the country's specifications. The assessments would be published in dollars per barrel on a daily basis, and as weekly and monthly averages.
The prices would represent the cost of each product imported on the day of publication at Barranquilla. They would include the product value, freight, demurrage, insurance, losses and quality differences, where applicable.
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