SUBSCRIBER NOTE: Platts to revise FOB Korea, CFR Taiwan/China PX laycans

S&P Global Platts proposes moving the three half-month marker laycans in the FOB Korea and CFR Taiwan/China paraxylene assessments forward by a half-month and removing the prompt half-month laycan.

For example, on April 1, 2017, the laycans for the FOB Korea and CFR Taiwan/China PX markers would be the second half of May (H2 May), H1 June and H2 June. On April 16, 2017, the marker laycans would be H1 June, H2 June and H1 July.

As a result of this change, Platts will assess an additional half-month forward laycan. All the current laycans would still be assessed and published, but the CFR marker will contain laycans where buyers have a multiport option.

The codes for the markers in the Platts database are: "PHASS05" for FOB Korea and "AAQNE00" for CFR Taiwan/China.

Platts is seeking feedback until April 28, 2017, with a proposed launch date of July 3, 2017.

Please direct any questions or comments to petchems@spglobal.com with a copy to pricemethodology@spglobal.com.

Please provide a clear indication if comments are intended for publication by Platts for public viewing. Platts will consider all comments received and will make these comments available on request.