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

February 22, 2024

Platts proposes new weekly cyclohexane and adipic acid assessments in US

Platts, part of S&P Global Commodity Insights, proposes to launch weekly DDP US Gulf Coast cyclohexane and FCA US Gulf Coast adipic acid contract assessments, effective April 4.

The proposed assessments would complement Platts plans to expand on coverage of the downstream nylon market chain.

The new assessments, to be published in cent/gal for cyclohexane and cents/lb for adipic acid, would take into consideration price information gathered up to the close of the assessment process at 1:30 pm Houston time.

Details of the proposed specifications are as follows:

Specification
Product Cyclohexane Adipic acid
Basis and location DDP US Gulf Coast FCA US Gulf Coast
Cargo size 3,000 Tons 80-85 MT
Laycan 20 to 40 days forward 3 to 30 days forward
Appearance: Colorless clear liquid Appearance: White crystalline powder
Purity: Min. 99% Purity: 99.7%
Iron content: maximum of 0.5ppm
UOM Cents/gal Cents/lb

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 March 7.

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.