The launch of S&P Global Platts Japan oil price assessments - both for waterborne and rack - is a response to the domestic market's demand to move to open and transparent assessments.
In this video, Tokyo-based editor Masanori Odaka explains the methodology behind the latest addition, the Platts Japan oil rack assessments in the Chukyo and Hanshin markets. They also explain the crucial role of Japanese companies in the establishment of this process through the Platts Market On Close (MOC) process and the eWindow technology.
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Watch this video in Japanese: プラッツが日本石油製品陸上価格を中京と阪神に拡大