Chemicals, Olefins, Solvents & Intermediates

January 19, 2024

Platts proposes to launch daily ethylene vinyl-acetate spot assessments for Asia, US

Platts, part of S&P Global Commodity Insights, proposes to launch daily spot price assessments for ethylene vinyl-acetate (EVA) in Asia and in the US, effective March 11.

The assessments will be based on the latest information sourced from the market up to the close of the assessment process at 4:30 pm Singapore time and 1:30 pm Central Time, respectively, following the regional publishing schedules.

Details of the proposed assessments are as follows:

Product specifications:
Asia US
Basis and location: CFR China (Ningbo, Shanghai) FAS Houston
Cargo size: 100-200 mt 85-250 mt
Laycan: Five to 10 days forward delivered basis Three to 30 days forward delivered basis
UOM US dollars/mt US dollars/mt
Medium EVA -- 18%-21% VAM content Medium EVA -- 7%-20% VAM content
High EVA -- 28% and above VAM content
Credit terms: L/C at sight or TT cash in advance As per market standard

Please send all comments, feedback, and questions to petchems@spglobal.com and pricegroup@spglobal.com by Feb. 12.

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 as confidential available upon request.