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Quality: The ULSD CIF NWE assessment reflects UK spec diesel
fuel which currently has a maximum sulfur of 50 ppm. UK spec
ULSD ranges from 0.82-0.835 g/l and the assessment reflects a
reference density of 0.835 g/l.
Size: Typical cargo sizes of 10-20,000 mt are reflected. Platts
currently normalizes to reflect the smaller end of the range of
parcel-sizes as this is the prevailing cargo size traded at present.
Platts monitors changes in shipping practices to ensure its
assessments are in line with shipping logistics.
Location: The CIF assessment reflects UK east coast delivery
basis Thames with normal UK delivery options.
Timing: Reflects material for delivery 10-25 days from date of
publication, with prices normalized to the mid-point of this
delivery window.
Other: N/A
METHODOLOGY GUIDE ULSD
Background: The assessment was introduced February 1, 2002
and originally represented a high-low range including
Dutch/German and UK spec ULSD. Platts stated when it
introduced the assessment that the qualities reflected would be
reviewed in the light of prevailing liquidity patterns. The switch
to UK spec followed Germany’s move to 10 ppm sulphur diesel.
In response to UK road fuel legislation, effective March 31, 2008,
Platts proposes to discontinue the existing CIF diesel 50ppm UK
cargo assessments.
Dispatch Category EB
12 Char. Symbol AAIKO0000000
9 Char. Symbol(s) ·
7 Char. Symbol AAIKO00
Earliest Date 01-FEB-2002
Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR
Description ULSD CIF NWE Cargo $/Mt
AAIKM00 DIESEL 50 PPM UK CARGOES FOB NWE
Quality: The ULSD FOB NWE assessment reflects UK spec diesel
fuel which currently has a maximum sulfur of 50 ppm. UK spec
ULSD ranges from 0.2-0.835 g/l and the assessments reflect a
reference density of 0.835 g/l.
Size: Typical cargo sizes of 10-20,000 mt are reflected. Platts
monitors changes in shipping practices to ensure its assessments
are in line with shipping logistics.
Location: FOB NWE. Typically the FOB assessment is derived at
a freight differential to the CIF assessment, based on the
following routes: Wilhelmshaven, Porvoo, Tees, Slagen, Klaipeda,
Ventspils and Antwerp.
Timing: Reflects material for loading 10-25 days from date of
publication, with prices normalized to the mid-point of this
EUROPEAN PRODUCTS
delivery window.
Other: Effective Jan 2, 2008 the Worldscale basket flat rate used
to calculate the FOB NWE diesel 50ppm UK assessment is
$5.85/mt. The assessment is typically based on a freight
differential to the CIF NEW assessments. The actual freights
applied to the netback fluctuate daily based on changes in Platts
cross UKC-UKC assessments in the Clean Tankerwire for 22,000
mt cargoes, applied against the respective 2008 flat rates.
Background: The assessment was introduced February 1, 2002
and originally represented a high-low range including
Dutch/German and UK spec ULSD. Platts stated when it
introduced the assessment that the qualities reflected would be
reviewed in the light of prevailing liquidity patterns. The
switch to UK spec followed Germany’s move to 10 ppm
sulphur diesel. In response to UK road fuel legislation, effective
March 31, 2008, Platts proposes to discontinue the existing
FOB diesel 50ppm UK cargo assessments.
Dispatch Category EB
12 Char. Symbol AAIKM0000000
9 Char. Symbol(s) ·
7 Char. Symbol AAIKM00
Earliest Date 01-FEB-2002
Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR
Description ULSD FOB NWE Cargo $/Mt
19
AAOQB00 DIESEL 50 PPM CARGOES CIF NWE
Quality: The 50 ppm ULSD CIF NWE assessment reflects Benelux
and French quality diesel fuel with a maximum sulfur of 50 ppm
and SG in the range 0.82-0.845. The reference density is 0.845 g/l.
Size: Typical cargo sizes of 10-25,000 mt are reflected. Platts
currently normalizes to reflect the standard flexi volume of
20,000 mt as this is the prevailing cargo size at present.
Location: The CIF assessment is basis Havre with normal charter
party options in the Hamburg to Bordeaux and North Spain
range.
Timing: Reflects material for delivery 10-25 days from date of
publication, with prices normalized to the mid-point of this
delivery window.
Other: N/A
Background: Platts introduced the 50 ppm ULSD assessments
reflecting Benelux and French quality on July 1, 2004. which has
run concurrently with the ULSD assessments reflecting UK spec.
Dispatch Category EB
12 Char. Symbol AAOQB0000000
9 Char. Symbol(s) ·
7 Char. Symbol AAOQB00