SUBSCRIBER NOTE: Platts adds 3rd laycan to Asian benzene FOB Korea marker

S&P Global Platts will add a third half-month marker laycan to its daily FOB Korea benzene assessments on January 15, 2018.

Following engagements with the market since 2016, Platts has received positive feedback to include bids, offers, and trades for an additional front-month laycan to capture more forward trading activity after laycans have been declared for the prompt month.

Platts reserves the right to review activity in the prompt laycan as warranted.

The additional laycan will be the fifth half-month laycan. For example, the marker in H2 January consists of H2 February and H1 March, and the additional laycan will be H2 March.

Please send any feedback or questions to petchems@spglobal.com and 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 confidential available upon request.