Chemicals, Polymers

March 14, 2024

Platts to launch weekly US Expandable Polystyrene spot assessments

Platts, part of S&P Global Commodity Insights, will launch new weekly US West Coast Expandable Polystyrene general grade and fire-retardant grade price assessments, effective April, 3, 2024.

The new assessments will complement Platts existing global styrenics coverage.

The new assessments will reflect the following:

Basis and Location CFR US West Coast ($/mt)
Laycan Delivery 10-30 days forward
Quantity 100-500 mt
Timestamp 1:30 pm Central time
Publishing schedule US
UOM $/mt
Publication frequency Weekly (Wednesdays)
Specifications bead size of 0.5-1.3 mm, density of 10-20 grams per liter (g/l)

All market information reported to Platts may be considered and will be published in real-time, including firm bids and offers, trades, and indicative values. Pricing information for material with other specifications and terms may be normalized accordingly.

Other market information deemed relevant and significant may be considered and weighed into the assessment process.

In the absence of spot market indications, Platts may assess on a net-forward calculation from the FOB Asia general grade EPS assessment (AAWEV00), and the FOB Asia fire retardant grade EPS assessment (AAWEW00). The net-forward calculation, if used, would factor the following Platts container freight assessment: North Asia-West Coast North America (PCR1300).

Please send any comments or questions to petchems@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they 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.