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22 Feb 2018 | 10:12 UTC — Rotterdam
S&P Global Platts is proposing to publish EDC and VCM prices, commentaries and rationales in US and Europe every Tuesday, effective April 10, 2018.
There would be no change in the publication schedule in Asia, and EDC/VCM prices, commentaries and rationales in this region will continue to be published every Thursday.
The move will enable Platts to bring the most up-to-date information on the US and European markets to its readers of Polymerscan, which is published every Wednesday.
As part of the move and in order to streamline the coverage of the vinyls chain, Platts proposes to merge the European EDC/VCM commentary with the Tuesday chlor-alkali commentary on the page PC392 of the Petrochemical Alert. The new combined commentary would carry analysis of fundamentals of caustic soda, chlorine, EDC and VCM markets, and a separate rationale, explaining the logic behind the European assessments. Platts would discontinue the page PC1181 which currently carries EDC/VCM commentary.
The US EDC/VCM commentary, published on the Petrochemical Alert pages and PC1548, would also be published on Tuesdays, but would remain separate from the chlor-alcali weekly commentaries.
List of affected symbols:
Name Weekly Monthly average EDC FOB NWE PHAQK00 PHAQL03 EDC FOB USG PHARS00 PHART03 VCM FOB NWE PHAQO00 PHAQP03 VCM FOB USG PHARW00 PHARX03 VCM US Domestic Delivered cts/lb PHARY00 PHARZ03
The EDC and VCM price assessments are currently published weekly every Thursday on the Platts Petrochemical Alert (PCA) pages PC0244, PC0182 and PC0181, in Platts Market Center and in the Polymerscan every Wednesday.
Platts invites all stakeholders and interested parties to engage in the feedback process. The feedback period will conclude on March 8.
Please send any comments or questions to petchems@spglobal.com and pricegroup@spglobal.com.
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.