01 Feb 2019 | 17:03 UTC — Singapore

SUBSCRIBER NOTE: Platts to round Europe toluene, mixed xylenes assessments to nearest $0.25/mt

Effective February 4, 2019, S&P Global Platts will publish European toluene and mixed xylenes outright assessments to the nearest $0.25/mt, instead of $0.50/mt, to align with current assessment practice for Platts toluene and MX spreads to gasoline.

More granular rounding is also in line with the $0.25/mt minimum price movement for toluene and MX in the Platts Europe Petrochemicals Increment Guidelines and with Platts Eurobob Gasoline Barges FOB AR conventions.

Symbols affected: Toluene CIF ARA TLEAA00 Toluene CIF ARA M1 TLEAB00 Toluene CIF ARA M2 TLEAC00 Toluene TDI FOB ARA AASFD00 Toluene TDI FOB ARA M1 AASFF00 Toluene TDI FOB ARA M2 AASFJ00 Mixed Xylenes CIF ARA MXEAA00 Mixed Xylenes CIF ARA M1 MXEAB00 Mixed Xylenes CIF ARA M2 MXEAC00 Mixed Xylenes FOB ARA PHABD00

The mixed xylenes and toluene assessments are published daily on Platts Petrochemical Alert (PCA) pages 328, 335, 233, 432, 370, 241, 446, 377, 540 and 324, on Platts Market Center and in Platts Market Data under the symbols listed above. The assessments are published weekly in Europe and Americas Petrochemical Scan and Solventswire.

Please send any comments or questions to pl_petchems_ln@spglobal.com with a copy to pricegroup@spglobal.com.