12 Mar 2012 | 03:17 UTC — London

Northwest Europe PVC realignment for gross prices

Platts will be rebasing its current Northwest European PVC gross contract price assessments for FD NWE and FD UK, following an internal review of the price assessment process.

The downward re-alignment of gross contract prices is required to reflect comprehensively reported and verified transactional data gathered from the European market in the assessment process.

This re-alignment is not indicative of the fall in the PVC prices in Europe, but rather the outcome of this internal review.

Platts proposes to complete this re-alignment by January 2, 2013.

For feedback and queries please contact Ilana Djelal, ilana_djelal@platts.com, with a copy to petchems@platts.com and pricegroup@platts.com.