Following a formal consultation Platts will discontinue the New York Harbor 2.2%S assessment effective January 4, 2021.
This change follows a subscriber note that opened a formal consultation on all US Atlantic Coast fuel oil assessments that began on April 13: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/041320-platts-opens-consultation-on-usac-residual-fuel-oil-assessments
The affected assessments are as follows:
NYH 2.2%S: PUAAU00
NYH 2.2%S vs NYH 1% MOPS: AAUGE00
Platts understands that there has been a marked decline for high sulfur fuel oil for power generation, and there is now insufficient physical flow to support the NYH 2.2%S assessment.
These assessments appear on Platts Global Alert page 30, 38, 39, 152, 510, and 511. The assessments also appear in Platts US Marketscan, Platts Oilgram Price Report, Platts European Marketscan, Platts Gas Daily, and in the Platts price database.
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