Metals & Mining Theme, Chemicals, Ferrous, Solvents & Intermediates, Aromatics

February 05, 2024

Platts proposes daily Asian cyclohexane, adipic acid spot assessments

Platts, part of S&P Global Commodity Insights, proposes to launch daily cyclohexane, adipic acid assessments for Asia, effective April 1, 2024.

The new assessment would be published in $/mt on a daily basis at 4:30 pm Singapore time (0830 GMT) and reflect the following specifications:

Products: Adipic acid Cyclohexane
Product specifications: Minimum purity of 99.8%, maximum iron content of 0.5 ppm and maximum ash content of 4 ppm, in crystalline powder form Colorless clear liquid form with a minimum purity of 99.9%
Basis and location: FOB China FOB Thailand
FOB India
Cargo size: 50-200 mt 3,000-5,000 mt
Laycan: Loading 7-14 days forward Loading 30-40 days forward
Credit terms: 30-day LC 30-day LC

In the absence of spot market indications, the FOB Thailand and FOB India Cyclohexane assessments may be assessed as a netback from the European Cyclohexane assessments using the following Platts freight assessments:

Route Size Symbol
Rotterdam-SE Asia 5kt AARJE00
SE Asia-South Asia 5kt AARJQ00

These rates are reported in the Platts Weekly Easy Liquid Chemical Freight.

Market information with non-standard specifications may be considered and normalized to the stated standards.

Please send any questions, comments or feedback by Feb. 19, 2024 to petchems@spglobal.com with a copy to pricegroup@spglobal.com.

For written comments, please provide a clear indication if they 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.