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.
Similarly When did Platts start? The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.
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S&P Global Commodity Insights.
| Formerly | Platts |
|---|---|
| Industry | Energy, Commodities, Oil & Gas, Petrochemicals, Metals, Agriculture |
| Founded | Cleveland, Ohio, US ( 1909 ) |
| Founder | Warren C. Platt |
| Headquarters | London , The United Kingdom |
What is Platts Steel? Platts Steel Data & Analysis delivers global in-depth import, export, raw material and downstream data, so you can understand key regional and global market activity and spot where you market is heading.
Additionally, What is price assessment?
Price assessments reflect price data from both buyers AND sellers of a given product/grade, a critical requirement to ensure that prices are an accurate representation of market activity. Assessments also reflect data from both large and small market participants.
What is Argus Oil and Gas?
Argus produces price assessments and analysis of international energy and other commodity markets and offers bespoke consulting services and industry-leading conferences.
What is Platts platform? The Platts Platform is a web-enabled, portable and intuitive portal that can be used by customers logging on with any device, anywhere in the world.
How does Platts pricing work? Platts believes that price is a function of time, and that, in the oil and refined products markets – just like the stock markets – the most useful price for the day is the value at the close of the market.
What does S&P Global Platts do? S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets.
What is steel data?
All-in-One Steel Data – The package consist of Carbides in Steel, CCT and TTT Diagrams of Steels, CCT and TTT Diagrams of Non-Ferrous Alloys, Metal Etchants, Hardenability Diagrams of Steels, Macro Defects in Steel, Non-Metallic Inclusions in Steel and Tempering Diagrams of Steels.
What is Platts methodology? Platts assessments are designed to reflect repeatable market. value at the close of the assessment process. Platts tracks. market price evolution during the entire day, and publishes a. wide range of data relating to market value as it does so.
What are price reporting agencies?
Price-reporting agencies (PRAs) are publishers that report on and bring transparency to the physical commodity markets. They are a longstanding and critical part of the global commodity market infrastructure.
What is Argus value? ARGUS ValueInsight is an end-to-end valuation management platform that enables you to manage and collaborate throughout the entire lifecycle of the valuation process to better understand the value of your assets and funds.
What is Argus Energy?
Argus (formerly known as Petroleum Argus Ltd) is an independent provider of price information, consultancy services, conferences, market data and business intelligence for the global petroleum, natural gas, electricity, emissions, biofuels, biomass, LPG, metals, petrochemicals, fertilizers, agriculture and coal …
What is Argus direct?
The Argus Direct platform is the premium way to access our reports, prices, market insight, fundamentals data and news. It ensures users are kept on top of fast-changing markets, wherever they are.
What is a Platts average? Description. The Dated Brent (Platts) Average Price Option is based on the underlying Dated Brent Future (PDB) and will automatically exercise into the settlement price of the Future on the day of expiry of the options contract.
How much is oil a barrel today?
| WTI Crude | 107.0 | +2.70 |
|---|---|---|
| Brent Crude | 111.7 | +2.92 |
| Natural Gas | 7.300 | +0.303 |
| Heating Oil | 3.855 | +0.136 |
| Gasoline •4 days | 3.381 | +0.090 |
How many blast furnaces are there in the world?
A total of 72 blast furnaces around the world with capacity of 132 million mt of crude steel were hot-idled or banked in 2020 as a result of COVID-19-related factors, said UBS, citing research from CRU.
Which country produces steel? The biggest steel producing country is currently China, which accounted for 57% of world steel production in 2020. In 2020, China became the first country to produce over one billion tons of steel.
What is crude steel?
CRUDE STEEL: The term is internationally used to mean the 1st solid steel product upon solidification of liquid steel. In other words, it includes Ingots (in conventional mills) and Semis (in modern mills with continuous casting facility).
What happens during Platts window? The “Platts window,” a metaphorical structure named after the influential provider of benchmark price assessments in various energy markets, consists of the final few minutes of trading, the period in the operation of an exchange when an aggressive player can have a big effect on the closing price.
What time does the Platts window close?
What is the “Window”? The “Window” is the term market participants use to refer to the 30-45 minute period before the close of the market when Platts no longer accepts new bids or offers in the price assessment process.