Platts proposes ex-duty for USAC gasoline cargoes
10/30/2009 12:00:00 AM
New York (Platts)--30Oct2009/109 am EDT/509 GMT Platts is seeking comment on a proposal to change the basis of its US Atlantic Coast gasoline cargo assessments to ex-duty and welcomes your feedback on appropriate timing for this proposed change. Platts continues to assess the USAC gasoline cargoes on an inside-duty basis, but typical market practices for gasoline import cargo transactions have shifted primarily to an ex-duty basis. Platts will continue to assess the USAC distillate cargo markets on an inside-duty basis. For additional questions, please contact Sheela Tobben, sheela_tobben@platts.com, Asif Ali, asif_ali@platts.com with a cc to pricegroup@platts.com.