30 Jan 2018 | 04:34 UTC — Singapore

SUBSCRIBER NOTE: Platts changes China domestic raffia PP assessment to daily

S&P Global Platts will change the China domestic raffia polypropylene assessment from a weekly assessment up to the close of the assessment period at 4:30 pm Singapore time (0830 GMT) on Wednesdays to a daily assessment effective February 1, 2018.

Due to continued market research, the effective date for this change was extended from the initial proposal start date of January 2, 2018.

This change in methodology will capture daily price movements seen in the PP China domestic market. PP China domestic raffia in Yuan/mt is ex-works basis inclusive of the 17% value added tax and 6.5% import duties.

Please direct any questions or comments to petchems@spglobal.com with a copy to pricemethodology@spglobal.com.

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