July, 2013 - ZE DataWatch by ZE PowerGroup powered by ZEMA ...

July 2013Fossil Fuel MarketsPlatts to Add Five WAF CrudeAssessmentsOn June 11, 2013, Platts proposed to add five new WestAfrican crude grades, effective August 1: Nigeria’s Akpo andBonga grades (light and medium sweets, respectively),Angola’s Pazflor and Plutonio (heavy and medium sweets,respectively), and the Republic of Congo’s Djeno (heavysweet crude). These five would add to Platt’s current 12 WAFassessments, six from Nigeria and six from Angola.Platts Updates EU NapthaVessel StandardsOn June 11, 2013, Platts announced that due to marketparticipant feedback it will confirm the ability for sellers tosubstitute vessels nominated to buyers in the Platts Europeannaphtha Market on Close (MOC) process will be permitted upto one business day before the first day of the shortenedthree-day delivery laycan period, effective July 1. This wouldmean that a laycan narrowed to June 26-28 will permit a sellerto substitute the vessel up until the close of the working dayon June 24.Platts to Add Crude Yields,NetbacksOn June 25, 2013, Platts proposed to add five daily crudenetbacks, yields and margins, effective September 2, including:Bakken cracking U.S. Midcontinent, Bakken cracking U.S. GulfCoast, Bakken cracking U.S. Atlantic Coast, Eagleford crackingU.S. Gulf Coast, and Western Canadian Select coking U.S. GulfCoast. It also proposes to add weekly average WCS, Eagleford,and Bakken yields and netbacks, effective September 10.Feedback can be sent to Europe_crude@platts.com andpricegroup@platts.com.Argus to End DHPA DataModuleEffective August 30, 2013, Argus announced it will discontinueits DHPA data module created at 17:30hrs server time, which iscontained in the DHPS data module that was created at17:00hrs (which will also no longer exist as of August 30,2013). For a full list of fuel oil, gas, jet/kerosene, heating oil,ethanol, diesel and other oil and gas codes affected, please seethe Argus U.S. product update here.Platts to Add Middle EastPolymer Price AssessmentsOn June 21, 2013, Platts announced that it will publish MiddleEast (from SABIC, Borouge, Qapco/Muntajat, and Equate)monthly polymer contract prices, effective July 25.Platts to Add RestructuredM2MS Gas ProductOn June 28, 2013, Platts announced it will launch its M2MS-Gas Product, effective July 1, to provide daily Natural GasM2MS Forward Curves (120 months or 10 years) for all 79hubs in North America currently covered by its M2M GasProduct. As an add-on, the new product will also contain daily10-year Historical Volatility Curves and a monthly 20-yearversion of all forward curves will be published. To read moreabout this new product, its curves, and its packages, see Platts’Subscriber Notes here.Platts Ends Dirty, Clean TankerAssessmentsOn June 4, 2013, Platts announced it has ended the 27.5ktEurope dirty tanker and the 30kt UKC-Med clean tankerassessments, effective June 3. For a full listing of theassessments affected, please see the original Platts pressrelease here.Platts to End MTB LPG MonthlyAveragesOn June 12, 2013, Platts announced it will end the publicationof Asian and European monthly averages for month-to-dateLPG averages, effective July 1, 2013.CodePMUDP03PMUDT03PMUDJ03PMUDL03DescriptionPropane FOB AG 20-40 days cargo Month toDate MAvgButane FOB AG 20-40 days cargo Month to DateMAvgPropane FOB NWE Seagoing Month to DateMAvgPropane CIF NWE 7k+ Month to Date MAvg7 Back to Summary