Platts changes European glycols location, domestic cargo size specifications following consultation

S&P Global Platts has changed its northwest European monoethylene glycol (MEG) and diethylene glycol (DEG) spot assessment specifications, effective Jan. 14, 2022, to better reflect standard market practices.

Platts has narrowed the location for its FCA and CIF MEG and FCA DEG spot assessments from NWE to Amsterdam, Rotterdam, Antwerp (ARA), basis Antwerp.

In addition, Platts has changed the minimum volume for its domestic FCA and FD assessments to 25 mt and introduced a maximum volume of 100 mt.

Platts initially proposed these changes on Nov. 12, with a decision on Dec. 6, 2021, in the below subscriber notes available here: http://plts.co/u21I30s36Pm; http://plts.co/xoGg30s6p9m

The location and cargo size changes affect the following assessments:

MEG: FCA NWE: AAUWW00, AAUWW10, AAUWW13, AAUWW03

DEG: FCA NWE: AAXCX00, AAXCX03

The location change affects the following assessments:

MEG: CIF NWE: AAUWV00, PHAJL00, AAUWV03, PHBDE03

In addition, the cargo size change affects the following FD assessments:

MEG: FD NWE: HPAJK00, HPAJK10, HPBDD03, HPAJK13

DEG: FD NWE: AAXCY00, AAXCY03

Platts MEG and DEG assessments are published on Petrochemical Alert pages PCA304 and PCA820 respectively, as well as on PCA236, in Olefinscan, Platts Dimensions Pro, Platts Market Center and in Platts price database.

Please send all comments, feedback and questions to petchems@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.