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Chemicals, Olefins, Solvents & Intermediates
February 21, 2025
Platts, part of S&P Global Commodity Insights, is proposing to change the frequency of the propylene oxide, polyols and isocyanate spot assessments in Asia, the US, and Europe to weekly, effective April 25.
The proposed change aims to align the assessments' frequency with the liquidity patterns in these spot markets.
Under the proposal, the prices would be databased on Friday and would appear on Platts Connect. Propylene oxide prices and commentary will also be published in Olefinscan, while isocyanate and polyol prices and commentary will be published in Europe and Americas Petrochemicalscan and Asian Petrochemicalscan.
As part of this proposal, Platts would discontinue related weekly averages, effective May 30.
The affected assessments are databased under the following codes:
Region | Product | Incoterm | Currency | Daily (proposed to move to weekly) | Weekly Average (proposed for discontinuation) | Time stamp |
AMERICAS | Propylene Oxide | FOB US Gulf Coast M1, FOB US Gulf Coast M2 | $/mt | CPOXU01, CPOXU02 | CPOXK04, CPOXU04 | 13:30 CST |
AMERICAS | Slabstock Polyether Poyols | DAP US | $/mt | ALSBA00 | ALSBA04 | 13:30 CST |
AMERICAS | Toluene Diisocyanate | DAP US | $/mt | ATOLA00 | ATOLA04 | 13:30 CST |
ASIA | Propylene Oxide | CFR China | $/mt | CPOXA01 | CPOXA04 | 16:30 Singapore |
ASIA | Slabstock Polyols | CFR India | $/mt | CPOLA01 | CPOLA41 | 16:30 Singapore |
ASIA | Polymeric methylene diphenyl diisocyanate | CFR India | $/mt | CMDIA01 | CMDIA41 | 16:30 Singapore |
EUROPE | Propylene Oxide | DDP NWE | EUR/mt | CPOXE01 | CPOXE04 | 16:30 London |
EUROPE | Conventional Polyether Polyols | DDP NWE | EUR/mt | CPOLE01 | CPOLE41 | 16:30 London |
EUROPE | Toluene Diisocyanate | DDP NWE | EUR/mt | CTDIE01 | CTDIE41 | 16:30 London |
Please send all comments, feedback and questions to petchems@spglobal.com and pricegroup@spglobal.com by March 13.
For written comments, please provide a clear indication if comments 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.