Platts introduces new MEG contract price codes

The following codes were created in dispatch category HO.

They represent monthly nominated contract MEG prices of three major Asian companies.

Although these are monthly nominated contract prices, they will be published Fridays on PCA page 306.

Please be advised that on January 7, 2011, the existing MEG contract code AAOVA00 (MEG CFR Asia Monthly Term CP) will be discontinued.

Launch date is scheduled for January 7, 2011.

DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION HO AAUOA00 u 2 MA USD MT MEG CFR Asia MEGlobal CP Mo HO AAUOB00 u 2 MA USD MT MEG CFR Asia Sabic CP Mo HO AAUOC00 u 2 MA USD MT MEG CFR Asia Shell CP Mo