What is Platts index?

What is Platts index?

Platts Iron Ore Index, or IODEX (IODBZ00), is a benchmark assessment of the spot price of physical iron ore. The assessment is based on a standard specification of iron ore fines with 62% iron, 2.25% alumina, 4% silica and 0.09% phosphorus, among other gangue elements.

What does Platts mean in fuel?

other benchmark
What is built into this price is the Platts (or potentially other benchmark) price of gasoline (for example) plus an ‘on-cost’. This includes- but is in no way limited to- the cost of freight, signage and a small margin for your supplier.

What is Platts market data?

The Platts Market Data – Oil dataset provides access to market data and oil price assessments for global the crude oil and refined oil industry. This dataset includes major region global coverage for: Term and spot price assessments. Racks and spot to rack. Yields and netbacks.

What is Platts plus pricing?

Platts Plus means the pricing mechanism, to be specified further by a Contracting Body before awarding a Call Off Agreement, under which the Suppliers add margins to fixed weekly Platts prices.

What are Platts and Argus?

Platts – Assesses prices for spot trades of most major crude and product grades around the world. Argus – Assesses prices for spot trades of most major crude and product grades around the world. OPIS – primarily assesses prices for rack (wholesale) and retail product markets.

Why are there S&P Platts?

S&P Global Platts is the leading independent provider of information, benchmark prices and analytics for the energy and commodities markets. For over 100 years, we’ve brought clarity and transparency to the energy and commodities markets, enabling companies, governments and individuals to act with conviction.

What is gasoline called around the world?

In the US and Latin countries, term gasoline is used, but in Europe and Asian countries it’s called petrol. Description: Majorly all around the world gasoline is used as fuel for vehicles.

What does CP mean in oil and gas?

cP – centiPoise (Viscosity unit of measurement)

What is the current price of natural gas?


Name Price Unit
Natural Gas (Henry Hub) 3.76 USD per MMBtu
Ethanol 2.22 USD per Gallon
Heating Oil 61.55 USD per 100 Liter
Coal 140.00 USD per Ton

What is Platts methodology?

S&P Global Platts methodologies bring consistency and robustness to our price assessments through principles and parameters that guide our market specialists at every stage of the process. In this section you will find documentation for all published price assessments and indices by commodity.

What is Platts diesel price?

US$ 2.175/Gallon.

What is Platts oil?

S&P Global Platts is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets. S&P Global Platts and Argus Media are recognized as the two most significant price reporting agencies for the oil market.

What is Platts Oilgram Price Report?

— Full international coverage of the crude oil and product markets: Platts Oilgram Price Report gives you a critical overview of the market, delivered to your desk every day — Make key investment decisions quickly and more profitably: Our information helps you uncover what’s moving the market

Why Platts for oil trading?

The dynamic nature of the oil markets means new opportunities are created all the time. Platts Market Data – Oil helps you keep one step ahead of the Platts Global Alert – Oil gives you real-time pricing and news for the global oil markets.

What is Platts metals alert?

Platts Metals Alert is an online platform providing real-time news, bids, offers and trades as well as end-of-day prices for today’s metals markets. S… Commodities , Agriculture, Oil…