26 Jan 2015 | 05:44 UTC — Tokyo

SUBSCRIBER NOTE: Platts to update L/C terms for CFR India PTA assessment

Platts will update the letter of credit payment terms to 90 days, from the current 30 days for its CFR India purified terephthalic acid (PTA) assessment effective February 23, 2015.

The methodology will be updated to reflect current market practices. Please send all comments, feedback and questions to Pl_asia_petchems@platts.com and pricegroup@platts.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 as confidential available upon request.