S&P Global proposes to discontinue CFR Russia polyethylene, polypropylene assessments

S&P Global Commodity Insights proposes to discontinue weekly cost and freight (CFR) Russia polyethylene and polypropylene spot assessments, effective July 6, 2022, in light of changed trade flows.

S&P Global understands Russia has become a net exporter of PE and increased its net exports of PP, and CFR assessments no longer reflect prevailing trade flows in these markets.

The proposed discontinuation will affect the following codes:

HDPE B/Mldg CFR Russia AAUMV00 AAUMV03

HDPE Film CFR Russia AAUMW00 AAUMW03

HDPE Inj CFR Russia AAUMU00 AAUMU03

LLDPE G-P CFR Russia AAUMT00 AAUMT03

LDPE G-P CFR Russia AAUMS00 AAUMS03

PP Homo injection CFR Russia AAUMX00 AAUMX03

PP Copol CFR Russia AAUMY00 AAUMY03

The affected assessments appear on S&P Global's Platts Petrochemical Alert fixed pages 0239, 0442 and 0280 on Platts Dimensions Pro and Platts Market Center, in Polymerscan and in the Platts database.

Please send all comments, feedback, and questions to petchems@spglobal.com and pricegroup@spglobal.com by March 30 2022. For written comments, please provide a clear indication if comments are not intended for publication by S&P Global for public viewing.

S&P Global will consider all comments received and will make comments not marked as confidential available upon request.