What is the rotterdam platt price?

The Rotterdam Platt price refers to a daily benchmark price for physical cargoes of refined oil products, including gasoline, diesel, and jet fuel, in Europe. It is widely used by traders, refiners, and analysts to gauge market trends and establish pricing for transactions. The price is determined based on assessments from various market participants and reflects supply and demand dynamics in the European market. This benchmark is crucial for pricing and trading in the oil and energy sectors.