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SUBSCRIBER NOTE: Platts to set organic chloride limit for European naphtha specification

S&P Global Platts will add an organic chloride limit of maximum 3 ppm in the specification reflected in its CIF NWE naphtha cargo assessment (Code: PAAAL00), with effect from January 2, 2020.

Throughout a consultation phase opened August 1, 2019, Platts has received feedback from market participants as well as observed prevalent traded naphtha specifications in Northwest Europe to ensure it continues to reflect the prevalent merchantable specification in the region. The total chloride limit would remain unchanged at 10 ppm.

Alongside the implementation of the new specification on January 2, 2020, Platts will stop reflecting bids, offers and trades that specify chloride content.

The subscriber note announcing the proposal phase can be reached at: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/102419-pl atts-proposes-organic-chloride-limit-for-european-naphtha-specification The specification currently reflected in the assessment can be found in the European and African Refined Oil Products Methodology and Specification Guide, reachable at: https://www.spglobal.com/platts/plattscontent/_assets/_files/en/our-methodolo gy/methodology-specifications/europe-africa-refined-products-methodology.pdf

Please send any feedback by to europe_products@spglobal.com with a cc to 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.