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Platts' Simon Thorne and Tim Worledge briefly explain the workings of the Platts Market On Close (MOC) assessment process -- the heart of Platts' robust methodology -- which provides an opportunity for the industry to remove any ambiguity and focus on price. The MOC approach to methodology operates on the principle that price is a function of time and is a structured, highly transparent process in which bids, offers and transactions are submitted by participants to Platts' editors and published in real-time throughout the day until the market close. Following the close, Platts editors examine the data gathered through the day, conduct their analysis and develop price assessments that reflect an end-of-day value. Simon and Tim also explain the Platts Editorial Window (eWindow), an online communications tool that enables users to electronically enter, and immediately view, bids, offers and transaction data.