Platts changes maximum incrementability for Asia Petrochemicals MOC bids, offers for March 3

Due to high volatility in crude oil, refined oil product and petrochemical markets, the maximum bid-offer ranges for Asian paraxylene, benzene and MTBE and increment moves for MTBE have been amended for eWindow markets for outright price indications only.

This amendment applies for the Platts Market on Close assessment process for March 3 only.

Platts Paraxylene: Platts widens bid-offer range plus/minus $40/mt each side

Platts Benzene: Platts widens bid-offer range plus/minus $40/mt each side

Platts MTBE: Platts widens bid-offer range to plus/minus $30/mt each side

Platts MTBE: Platts increases incrementability to $1.50/mt per 30 seconds

Please send comments to petchems@spglobal.com and pricegroup@platts.com