Subscriber note: Platts proposes assessing CFR Korea isomer-MX price

Platts invites industry feedback on its proposal to launch a daily CFR Korea isomer-grade mixed xylenes assessment. The assessment will reflect isomer-MX that meets the specifications under ASTM D5211 (maximum ethyl-benzene content 20.0%, maximum non-aromatics content 0.3%, bromine index 20 ppm maximum) or ASTM D843 (maximum ethyl-benzene content 18.0%, maximum non-aromatics content 1%, bromine index 20 ppm maximum). The daily price will reflect cargo sizes of 3,000 to 5,000 mt, with credit terms of 30 days letters of credit for Asian origin and 60 days LC for deepsea origin for deliveries to Daesan, Ulsan, Yeosu and Inchon. The assessment will be launched on May 6, 2013, based on information sourced from the market up to the end of the Platts Market on Close assessment process at 4:30 pm Singapore time (0830 GMT). Please send any queries or comments to pl_asia_petchem@platts.com with a copy to pricegroup@platts.com by March 31, 2013.