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Timing: Loading 5-15 days from date of publication with prices
normalized to the mid-point of this range.
Other: N/A
Dispatch Category EB
12 Char. Symbol AAWGY0000000
9 Char. Symbol(s) ·
7 Char. Symbol AAWGY00
Earliest Date 02-JAN-2007
Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR
Description Biodsl Rdam Brg
METHODOLOGY GUIDE ULSD / GASOIL
AAXQL00 FAME 0 FOB ARA
Quality: The quality reflected will be fatty acid methyl ester that
conforms to EN 14214 with cold properties set at 0 degrees
Celsius year round. Biodiesel blended with any non-bio additives
will not be included in the assessment. The assessment will be
for 99.9% biodiesel, and would exclude tax refunds or other
rebates.
Size: The assessment reflects barges of 1,000-5,000 mt.
Location: FOB ARA basis Rotterdam.
Timing: Loading 5-15 days from date of publication with prices
normalized to the mid-point of this range.
Other: N/A
Dispatch Category EB
12 Char. Symbol AAXQL0000000
9 Char. Symbol(s)
7 Char. Symbol AAXQL00
Earliest Date 01-MAY-2007
Vendors BLM CQI DRI EMS FTP FUT KR
PL12 RTR SAR
Description FAME 0 FOB Rdam
GASOIL
NOTE: European NWE gasoil assessments currently reflect 0.2%
and 0.1% maximum sulfur. European Union directives aim to
reduce the sulfur in gasoil to 0.1% maximum from the
beginning of 2008. Effective October 1, 2007 Platts launched
0.1% sulfur gasoil assessments for barges FOB Rotterdam and
cargoes FOB and CIF NWE. These will run concurrently with the
existing 0.2% gasoil assessments in ARA and NWE. Platts will
continue to monitor trade in the 0.2% sulfur gasoil market to
determine whether, and for how long, those assessments should
continue. Platts will continue to monitor trading patterns of
EUROPEAN PRODUCTS
0.1% and 0.2% gasoil in the Mediterranean to determine
whether an assessment would be appropriate.
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POAAC00 GASOIL 0.2% CARGOES CIF NWE
Quality: The NWE 0.2% CIF assessment reflects material
meeting the minimum requirements of French Fuel Oil
Domestique (FOD), German Deutsche Industrie Norm (DIN) and
Spanish (B&C) quality gasoil fuel with a maximum sulfur of
0.2%, and reflects cracked gasoil for heating oil use. The quality
is normalized to reflect German DIN gasoil fuel. SG is basis 0.845
g/l.
Size: Typical cargo sizes of 10-30,000 mt are reflected. Platts
currently normalizes to reflect 20,000 mt.
Location: CIF assessments are calculated basis Le Havre with
normal charter party options. Cargoes with charter party options
in the range Hamburg to North Spain would typically be
included.
Timing: Reflects material for delivery 10-25 days from date of
publication, with prices normalized to the mid-point of this
delivery window.
Other: Effective Jan 2, 2008 the Worldscale basketflat rate used
to calculate the FOB NWE gasoil 0.2% assessment is $6.86/mt.
The assessment is typically based on a freight differential to the
CIF NWE 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 in September 1990.
Before that, 0.3% maximum sulfur gasoil was reflected.
Dispatch Category EB
12 Char. Symbol PRP202NWEBHZ
9 Char. Symbol(s) PPD2NEDCH · PPD2NEDCL
7 Char. Symbol POAAC00
Earliest Date 03-SEP-1990
Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR
Description Gasoil 0.2 CIF NWE Cargoes
POAAD00 GASOIL 0.2% CARGOES FOB NWE
Quality: The NWE 0.2% CIF assessment reflects material
meeting the minimum requirements of French Fuel Oil
Domestique (FOD) and German Deutsche Industrie Norm (DIN)
spec, and reflects cracked gasoil for heating oil use. Typically the
assessment reflects the higher in value of FOD or DIN. SG is
basis 0.845 and sulfur is max 0.2%.