06 Mar 2014 | 05:37 UTC — New York

Platts to launch monthly assessment of OCTG trade

Platts will formalize its current market reporting of Chinese seamless Oil Country Tubular Goods (OCTG) export trade, by launching a monthly spot price assessment. This is an assessment of the price on the last working day of each month. The assessment reflects changes in price over the month.

Launch date is scheduled for March 31, 2014.

MDC
Symbol
Bates
Dec
Freq
Curr
UOM
Description
FA
AAXNI00
c
2
MA
USD
MT 7 inch steel OCTG FOB Tianjin China $/Mt
FA
AAXNK00
c
2
MA
USD
FT 7 inch steel OCTG FOB Tianjin China $/Ft