SUBSCRIBER NOTE: Platts will publish US methanol in $/mt using 3.33 conversion factor

S&P Global Platts will adopt a factor of 3.33 for all methanol conversions effective April 5. S&P Global Platts currently publishes daily front- (M1) and forward-month (M2) assessments for US methanol on an FOB USG basis in US cents/gallon, with conversions to $/mt published for the Friday spot assessments and weekly and monthly averages. These conversions are currently calculated and databased using a factor of 3.333 (333.3 gallons per metric ton). Market feedback suggests conversion factors for methanol range from 3.325-3.34, with 3.33 as the factor most widely accepted by the industry. Further, S&P Global Platts will also relabel the conversion calculations in its database as follows: PHACF00 - Methanol FOB USG $/mt M1 PHMFA00 - Methanol FOB USG $/mt M2 AAXNJ00 - Methanol FOB USG $/mt M1 Wavg AAXNJ04 - Methanol FOB USG $/mt M2 Wavg AAGJU00 - Methanol FOB USG $/mt M1 Mavg As part of the change, codes PHACF00 and PHMFA00 will be published daily via Petrochemical Alert on Page 872 as well Fridays on Page 347 and Europe and Americas Petrochemicalscan. Codes AAXNJ00 and AAXNJ04 will continue to be published Fridays on PC347 and Europe and Americas Petrochemicalscan. Please send any comments or questions to americaspetrochemicals@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if comments are not intended for publication by S&P Global Platts for public viewing.