Platts launches daily Northwest European Recycled-HDPE assessment

S&P Global Platts has launched an assessment of Recycled-HDPE light pellets in Northwest Europe, effective from January 8, 2020.

This assessment was first proposed in a subscriber note published November 25 and available here: http://ow.ly/BRVQ30q7KlJ

In a decision note published January 3, Platts decided to assess this market on a daily basis. The subscriber note can be found here: http://ow.ly/P3oH30q7KlY

The daily assessment will take into consideration price information gathered up to the close of the assessment process at 4:30 pm London time.

The new assessment has the following specification:

Grade: Extrusion/blow molding, non-food-grade for consumer packaging applications

Color: Light pellet, including light grey or beige. Platts assessments will not reflect natural, opaque, white, black and pre-colored pellets

Basis: Free delivered Northwest Europe

Standard spot cargo size: Minimum 20 mt lots

Symbol: ARHDP00 (daily), ARHDP04 (weekly average), ARHDP03 (monthly average)

The new assessment can be found on Platts Petrochemical Alert on pages PC0571, PC0573, in the Platts price database, on Platts Market Center and in Polymerscan under the symbols listed above.

For comments or queries, please contact pl_petchems_ln@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they 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.