Chemicals, Solvents & Intermediates

February 28, 2024

Platts proposes to launch daily US acrylates assessments

Platts, part of S&P Global Commodity Insights, is proposing to launch new DDP US East Coast acrylates spot assessments, effective April 15, to provide transparency into the market.

The proposed assessments would expand on Platts' initiatives to provide glacial acrylic acid and European acrylates price assessments, as previously announced on Feb. 9.

Details for the proposed assessment are as follows:

Butyl Acrylate 2-Ethylhexyl Acrylate
Purity Min 99.5% Min 99.5%
MEHQ Inhibitor 10-20 ppm 10-20 ppm
Basis and location DDP US East Coast DDP US East Coast
Laycan 3-30 days forward 3-30 days forward
Parcel size 20-25 mt 20-25 mt
Unit of Measurement Cents/lb Cents/lb

The assessment would take into consideration price information gathered up to the close of the assessment process at 1:30 pm Central time, including firm bids and offers, trades, and indicative values, as well as any other data deemed relevant to the assessment process.

Pricing information for materials with other specifications and terms deviating from the abovementioned parameters may be normalized accordingly.

Please send all comments, feedback, and questions to petchems@spglobal.com and pricegroup@spglobal.com by March 12.

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.