(This SER supersedes SER-7820 dated December 9, 2016.)
New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) has been advised that S&P Global Platts (“Platts”) will amend its methodology for assessing its Singapore and Middle East Gasoil benchmarks. Specifically, Platts will decrease the sulphur specification of its flagship Singapore and FOB Arab Gulf Gasoil assessments to 10 ppm from the current 500 ppm commencing on January 2, 2018. The changes are intended to incorporate lower sulphur specifications for gasoil, reflecting changing supply and demand trends across the Asia-Pacific region http://www.platts.com/subscriber-notes-details/27723543 .
For additional information, please contact:
Energy Business Line Management
Nicolas Dupuis Nicolas.Dupuis@cmegroup.com +65 6593 5521
Verena Peternell Verena.Peternell@cmegroup.com +44 20 3379 3723
Research and Product Development
Cameron Liao KengHui.Liao@cmegroup.com +65 6593 5588
Paul Wightman Paul.Wightman@cmegroup.com +44 20 3379 3134
Please click here for PDF of SER-7820R.