New assessment for PVC CFR India (UPDATE)

Following market feedback, Platts will introduce a new CFR India PVC assessment in $/mt, from February 2, 2011. The assessment guidelines are as follows:

Assessment window: Weekly assessment based on information sourced from the market up to close of 4:30pm Singapore time (0830GMT) on Wednesdays.

Basis and locations: CFR Nhava Sheva, Kolkata, Chennai, Mumbai main ports

Cargo size: 100-500 mt

Credit terms: L/C 30 days

Loading timing: cargoes to be delivered 15 to 30 days forward from date of publication

Quality specifications: K-value 66-68 (SG 5)

Please send all questions and comments to Ihsan Rahim (ihsan_rahim@platts.com), Chua Sok Peng, (sok_peng_chua@platts.com), Anton Ferkov (anton_ferkov@platts.com) or Fumiko Dobashi (fumiko_dobashi@platts.com).