Platts adds Dumai, assesses main ports in CFR Southeast Asia methanol assessment

S&P Global Platts will add the Indonesian port of Dumai to its daily CFR Southeast Asia methanol assessment effective Jan. 4, 2021.

Following market feedback and Platts' observation of increased methanol cargo deliveries to Dumai, Platts has included the Indonesian port to the basket of ports reflected in its CFR Southeast Asia methanol assessment.

Platts will henceforth reflect Port Klang, Kuantan, Dumai and Singapore as the price basis of its CFR Southeast Asia assessment, while deliveries to all other Southeast Asian ports will be normalized to this basket of ports applying freight differentials.

Please submit any feedback, comments or questions about this proposal to petchems@spglobal.com with a copy to pricegroup@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.