S&P Global Platts is proposing an adjustment to the delivery date ranges for refined product assessments on Buckeye Pipeline and Laurel Pipeline in New York Harbor. Platts Buckeye and Laurel pipeline assessments currently reflect trade 3-7 days forward Monday through Wednesday, and 5-9 days forward Thursday and Friday.
Platts proposes to shift the Wednesday date range to 5-9 days forward with effect from November 15, 2019.
This proposal is based on initial market feedback and aims to align the methodology more closely with Buckeye's nominating schedule, which requires three full business days between nominations and shipment on the line.
The following product assessments would be affected by the change:
Buckeye Pipeline Distillates Jet Kero AAJNL00 Jet vs NYMEX ADIEA00 Jet Kero LS AAJNN00 ULSD AATHF00 ULSD vs NYMEX ADIYA00
Buckeye Pipeline Gasoline CBOB AAPSY00 CBOB vs NYMEX RBOB AANYX33 CBOB supplemental AAQIY00 CBOB PA AAVYA00 Prem CBOB AAPSZ00 Prem CBOB supplemental AAQIZ00 Prem CBOB PA AAVYB00 RBOB AAMHB00 RBOB supplemental AANWK00 RBOB vs NYMEX RBOB AANYX35 Prem RBOB AAMHZ00 Prem RBOB supplemental AANWL00
Laurel Pipeline Gasoline CBOB AAUAS00 CBOB supplemental AAVOJ00 RBOB AASSM00 RBOB supplemental AASSQ00 PBOB AASSN00 PBOB supplemental AASSR00 Prem CBOB AAUAT00 Prem CBOB supplemental AAVOK00
Assessment date ranges for refined product barges in New York Harbor will remain on the normal schedule, which runs 3-7 days forward Monday through Friday.
Platts will welcome feedback on this proposed change until October 11, 2019. Please send comments and feedback to firstname.lastname@example.org, with a copy to email@example.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.