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04 Jan 2021 | 10:04 UTC — New York
S&P Global Platts has discontinued the publication of its toluene CFR Taiwan LC 0-30 days assessment effective Jan 4, 2021.
Platts has observed a significant decline in spot volumes, the number of physical bids, offers and trades heard on a CFR Taiwan basis over the last few years. The slowdown in liquidity also follows Taiwan turning into a net toluene exporter in 2014 as domestic demand falls.
Platts first proposed discontinuing the assessment in a subscriber note published Sept. 11: http://plts.co/zbgS30rc4wO
The assessments to be discontinued are:
Assessment name Code
CFR Taiwan LC 0-30 days $/mtPHAFQ00
Toluene CFR Taiwan $/mt monthly averagePHBGW03
These assessments were published in the Asian Petrochemical scan, on Platts Petrochemical Alert fixed pages 235, 326 and 436 in the Platts price database under the price database codes above.
Please submit any feedback, comments or questions to pricegroup@spglobal.com and petchems@spglobal.com