Platts Spot to Rack – True Market-Based Pricing at the Rack

Platts, the leading global provider of oil market pricing information, has teamed with the Energy Management Institute (EMI) to bring you Platts Spot to Rack. Platts Spot to Rack indices are derived from Platts’ market-leading, spot benchmark price assessments for key US markets and incorporate detailed, up-to-the minute analysis of distribution costs between those markets and nearly 300 rack market locations. The distribution costs are based on such factors as:

• Pipeline tariffs
• Rail/tanker/barging costs
• Terminal charges
• Additives
• Time value of money
• Any other relevant costs

A Better Way to Manage Price Risk and Avoid Loss

• Get daily benchmarks for rack sales and purchases that are tied to key spot markets and include rigorous assessment of the costs to get product to specific rack locations.
• No need to haggle over fair spot-to-rack cost differentials: Platts Spot to Rack has those costs built in. Keep acquisition costs in line with relevant spot markets.
• As a seller, you’ll know that a rack price tied to Platts Spot to Rack is truly reflective of the cost of supply. As a buyer, you’ll know that Platts Spot to Rack-linked prices accurately reflect a broader, liquid market, not just supply company postings.

The combination of Platts’ leadership position in oil market information and EMI’s rack market expertise and research capabilities will provide buyers and sellers at the rack with a new level of security and market intelligence. Find out for yourself how Platts Spot to Rack can help you make more profitable rack decisions.

Platts Spot to Rack covers approximately 300 individual rack market locations and is available in 20 different packages to meet your needs - 14 regional, 5 PADD-level or Lower 48.