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Platts corrects May 19 gasoline assessment rationale

Platts corrects May 19 gasoline assessment rationale

Please note that Platts has corrected the May 19 rationale for Gasoline Prem Unleaded 10ppmS FOB Med Cargo assessment .

The rationale should read as follows: The FOB Mediterranean gasoline cargo market was assessed at $296.10/mt on June 11 factoring in a 27,000 mt cargo for June 9-13 delivery bid in the Platts Market on Close assessment process. This represented a $7.75/mt discount to the May Med swap, up from an $12/mt discount, and a $17.25 discount to the June swap, up from a $21/mt discount. A 44 cents/day contango structure was applied to the physical curve.The correction affects only the rationale, not the assessment. The rationale is published on PGA page 1389 and in Platts European Marketscan.