SUBSCRIBER NOTE: Platts formularizes some European intermediates assessments

Effective January 2, 2018, S&P Global Platts has formularized its European petrochemical assessment methodology for PA molten and PTA, due to a lack of liquidity in those markets.

Platts now assesses the intermediates listed below using the following fixed formulae:

- PA Molten FD NWE Weekly (Eur/mt): PA Flake FD NWE Weekly (HPAPW00) plus Eur250/mt - PTA FD NWE Monthly CP (Eur/mt): 0.66 * PX monthly European contract price (AALHZ00) plus fixed annual premium Eur140/mt

Symbols affected are as follows: PA MN FD NWE Weekly HPAPY00 PA MN FD NWE MAvg HPAPZ03 PTA FD NWE Monthly CP AACVW00 PTA FD NWE Monthly CP MAvg AACVX00

These assessments can be found on Platts Petrochemical Alert pages 160 and 509, and in Platts Market Data category IM.

Please send feedback or questions to pl_petchems_ln@spglobal.com and pricemethodology@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.