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currently considered. Dispatch Category LI 12 Char. Symbol PRPBTNNWEBHP 9 Char. Symbol(s) PPBNNEGCH · PPBNNEGCL 7 Char. Symbol PMAAJ00 Earliest Date 05-APR-1985 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Butane CIF NWE 1-3kt PMAAK00 BUTANE CIF LARGE CARGOES METHODOLOGY GUIDE LPG Quality: Refers to Braefoot Bay mixed butane with a typical split of 70% normal and 30% isobutane. Pure normal butane and isobutane is not assessed by Platts, although pure normal prices may be used as guidance at the editor’s discretion following consultation with the market. Size: Cargoes of over 4,000mt sold into NWE on a CIF basis. Occasionally, part-cargoes of less than 4,000mt from large shipments may be sold at prices which reflect the 4,000mt+ market, and these prices may be included in the assessment. Location: The assessment covers an area represented by a triangle, with Wilhelmshaven (Germany), Teesside (UK) and Le Havre (France) as its three corners, and also including Milford Haven, Fawley and Grangemouth. Product from ports on the French Atlantic coast, as well as Portugal and the Spanish Atlantic coast, are not included in assessments. Sales into the port of Brest on the French Atlantic coast may be included in the assessment. Timing: Vessels delivery 10-25 days from the date of publication. Other: Please note that Platts has not formally renamed this assessment even though volumes larger than 3,000 mt are now typically considered. Dispatch Category LI 12 Char. Symbol PRPBTNNWEBHQ 9 Char. Symbol(s) PPBNNEHCH · PPBNNEHCL 7 Char. Symbol PMAAK00 Earliest Date 05-APR-1985 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Butane CIF NWE 3kt+ PMUDI00 PROPANE FOB SEAGOING MONTHLY ROLLING AVG The average is of the daily Propane FOB Seagoing assessments. The average takes each of the daily data points, and divides by the number of working days there have been during the month. Dispatch Category LI 12 Char. Symbol PRPPN$NWEDBH 9 Char. Symbol(s) PPPRNE5GH · PPPRNE5GL EUROPEAN PRODUCTS 7 Char. Symbol PMUDI00 Earliest Date 24-JUN-1998 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Propane NWE Sea FOB RollAvg PMUDK00 PROPANE CIF LARGE CARGOES MONTHLY ROLLING AVG The average is of the daily Propane CIF Large Cargo assessments. The average takes each of the daily data points, and divides by the number of working days there have been during the month. Dispatch Category LI 12 Char. Symbol PRPPN$NWEDBJ 9 Char. Symbol(s) PPPRNEDUH · PPPRNEDUL 7 Char. Symbol PMUDK00 Earliest Date 24-JUN-1998 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Propane NWE 7kMT+ CIF RollAvg 36 PROPANE SWAPS BASIS CIF NWE Platts asssesses the forward swap market for CIF NW E 7000+mt cargoes for three months and one quarter forward. The swaps are settled against the monthly average of daily assessments for propane CIF NWE 7000+mt. The swap months quoted roll forward on the first day of the month, and the swap quarter quoted rolls on the first day of the quarter. Thus on July 1, 2006 the monthly swap assessments would roll forward to reflect Aug, Sep and Oct 2006. On July 1, 2006 the quarter published would roll from Q3 2006 (Jul, Aug, Sep) to Q4 2006 (Oct, Nov, Dec). AAHIK00/PMABU00 Dispatch Category LI 12 Char. Symbol PRPPN$NWEDBC 9 Char. Symbol(s) PPPRNE1AH · PPPRNE1AL 7 Char. Symbol PMABU00 Earliest Date 01-DEC-1995 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Propane NWE swaps 1st month Dispatch Category DR 12 Char. Symbol AAHIK0000000 9 Char. Symbol(s) · 7 Char. Symbol AAHIK00 Earliest Date 28-MAR-2001 Vendors BLM CQI DRI EMS FTP FUT KR PL12 TR SAR Description Propane CIF ARA Lg 1-Mo AAHIM00/PMUDH00
Dispatch Category LI 12 Char. Symbol PRPPN$NWEDBE 9 Char. Symbol(s) PPPRNE2AH · PPPRNE2AL 7 Char. Symbol PMUDH00 Earliest Date 01-DEC-1995 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Propane NWE swaps 2nd month Dispatch Category DR 12 Char. Symbol AAHIM0000000 9 Char. Symbol(s) · 7 Char. Symbol AAHIM00 Earliest Date 28-MAR-2001 Vendors BLM CQI DRI EMS FTP FUT KR PL12 TR SAR Description Propane CIF ARA Lg 2-Mo METHODOLOGY GUIDE LPG AAHIO00 Dispatch Category DR 12 Char. Symbol AAHIO0000000 9 Char. Symbol(s) · 7 Char. Symbol AAHIO00 Earliest Date 28-MAR-2001 Vendors BLM CQI DRI EMS FTP FUT KR PL12 TR SAR Description Propane CIF ARA Lg 3-Mo AAHIL00/PMUDE00 Dispatch Category DR 12 Char. Symbol AAHIL0000000 9 Char. Symbol(s) · 7 Char. Symbol AAHIL00 Earliest Date 28-MAR-2001 Vendors BLM CQI DRI EMS FTP FUT KR PL12 TR SAR Description Propane CIF ARA Lg 1-Qr Dispatch Category LI 12 Char. Symbol PRPPN$NWEDBF 9 Char. Symbol(s) PPPRNEVAH · PPPRNEVAL 7 Char. Symbol PMUDE00 Earliest Date 02-JAN-1997 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Propane NWE swaps 1st quarter PMABC00 PROPANE W MED FOB EX-REF/STOR Quality: Pressurized vessels including both field-grade and refinery material with a minimum of 93% C3s and a maximum EUROPEAN PRODUCTS of 30% olefinic content. Size: Sales of up to 3,000mt basis FOB Lavera. Location: The assessment is FOB basis Lavera, but includes the area west of Italy - including Algeria, Tunisia and Morocco. To the north, Italy and France are included, as well as the east and south coasts of Spain. Timing: Vessels loading 5-15 days from date of publication. Dispatch Category LI 12 Char. Symbol PRPPN$WMDCVE 9 Char. Symbol(s) · 7 Char. Symbol PMABC00 Earliest Date 05-APR-1985 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Propane FOB W Med Ex-Ref/Stor Hi 37 PMABJ00 PROPANE W MED FCA EX-REF/STOR Quality: Pressurized vessels including both field-grade and refinery material with a minimum of 93% C3s and a maximum of 30% olefinic content. Size: Parcels of 20-500mt Location: FCA ex-refinery storage refers to sales of auto, trucks, and railcars of 20-500mt basis Lavera. The assessment includes the area west of Italy - including Algeria, Tunisia and Morocco. To the north, Italy and France are included, as well as the east and south coasts of Spain. Timing: Loading between 3-10 days from date of publication. Other: N/A Dispatch Category LI 12 Char. Symbol PRPPN$WMDCVH 9 Char. Symbol(s) · 7 Char. Symbol PMABJ00 Earliest Date 22-JUL-1994 Vendors BLM CQI DRI EMS FTP FUT KR RTR SAR Description Propane FCA W Med Ex-Ref/Stor Hi PMABE00 PROPANE W MED CIF 7000+MT Quality: Refrigerated commercial propane meeting Sonatrach specification. Size: Full cargoes of 7,000 mt and greater
Page 1 and 2: ] www.platts.com Methodology and Sp
Page 3 and 4: METHODOLOGY GUIDE GENERAL TERMS AND
Page 5 and 6: EUROPEAN MARKETSCAN ASSESSMENTS MET
Page 7 and 8: In the past, Platts has tended to t
Page 9 and 10: gravity of 0.755 g/ml. The Motor Oc
Page 11 and 12: Size: Barge assessments reflect par
Page 13 and 14: AAYDT00 (FOB) ; AAYDS00 (CIF) ETHAN
Page 15 and 16: Background: In the past, Platts has
Page 17 and 18: published by Worldscale. Effective
Page 19 and 20: Quality: The ULSD CIF NWE assessmen
Page 21 and 22: AAJUS00 DIESEL 10 PPM BARGES Qualit
Page 23 and 24: Size: Cargo size is for full cargoe
Page 25 and 26: Location: FOB basis Rotterdam. Tran
Page 27 and 28: PUAAM00 FUEL OIL 1% CARGOES FOB NWE
Page 29 and 30: Other: The FOB NWE assessment may b
Page 31 and 32: AAHMX00 VGO 0.5-0.6% CARGOES FOB NW
Page 33 and 34: LPGASWIRE EUROPEAN ASSESSMENTS Plat
Page 35: METHODOLOGY GUIDE LPG Quality: Both
Page 39 and 40: METHODOLOGY GUIDE APPENDIX EUROPEAN
Page 61 and 62: DATA CODES METHODOLOGY GUIDE APPEND
Page 63 and 64: Barges FOB Rotterdam, 10 PPM Barges
Page 65 and 66: contractual terms, the seller shoul
Page 67 and 68: METHODOLOGY GUIDE ppm sulfur. This
Page 69 and 70: METHODOLOGY GUIDE 23-Jan-2006 Follo
Page 71 and 72: METHODOLOGY GUIDE APPENDIX VI: DISC
Page 73: METHODOLOGY GUIDE cargoes became 0.

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