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

February 13, 2024

Platts proposes to launch daily Europe caprolactam and adipic acid spot assessments

Platts, part of S&P Global Commodity Insights, proposes to launch DDP Northwest Europe caprolactam and adipic acid spot assessments, effective April 2.

The proposed assessments will compliment Platts existing propositions to expand on coverage of the downstream nylon market chain.

The new assessment, to be published in Eur/mt, will take into consideration price information gathered up to the close of the assessment process at 4:30 pm London time.

Details of the proposed specifications are as follows:

Specification
Product Caprolactam Adipic acid
Basis and location DDP Northwest Europe DDP Northwest Europe
Cargo size 20-24 mt 20-24 mt
Laycan 3-to 30-days forward delivery 3-to 30-days forward delivery
Appearance: Molten state Appearance: White crystalline solid
Iron content: less than 0.5mg/kg Purity: 99.7%
Iron content: maximum of 0.5ppm
UOM Eur/mt Eur/mt
Mode of transport Trucks Trucks

Pricing information with terms, locations, and specifications different from the above standard may be considered for assessment purposes, subject to normalization.

Please send any questions, comments or feedback to petchems@spglobal.com with a copy to pricegroup@spglobal.com by Feb. 28.

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.