Chemicals, Polymers

February 27, 2024

Platts proposes to launch weekly US Expandable Polystyrene spot assessments

Platts, part of S&P Global Commodity Insights, proposes to launch new weekly US West Coast Expandable Polystyrene general grade and fire retardant grade price assessments, effective April, 3, 2024.

Under this proposal, Platts would start assessing these products on a weekly basis, complementing Platts' existing Wednesday polystyrene assessments and commentary.

Expandable polystyrene CFR US West Coast ($/mt) 10-30 days forward 100-500 mt Product Specifications A. General grade B. Fire retardant grade 1:30 pm Central time US $/mt Weekly (Wednesdays)
Assessment
Basis and Location
Laycan
Quantity
bead size of 0.5-1.3 mm
density of 10-20 grams per liter (g/l)
bead size of 0.5-1.3 mm
density of 10-20 grams per liter (g/l)
Timestamp
Publishing schedule
UOM
Frequency

All market information reported to Platts may be considered and will be published in real-time, including firm bids and offers, trades, and indicative values. Pricing information for material with other specifications and terms may be normalized accordingly.

Other market information deemed relevant and significant may be considered and weighed into the assessment process.

In the absence of spot market indications, Platts may assess on a net-forward calculation from the FOB Asia general grade EPS assessment (AAWEV00), and the FOB Asia fire retardant grade EPS assessment (AAWEW00). The net-forward calculation, if used, would factor the following Platts container freight assessment: North Asia-West Coast North America (PCR1300).

Please send any comments or questions to petchems@spglobal.com and pricegroup@spglobal.com.

Feedback must be received by March 13. 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.