21 Mar 2018 | 02:58 UTC — Singapore

SUBSCRIBER NOTE: Platts reissues European acetic acid and VAM commentary for Mar 1

S&P Global Platts has reissued the weekly commentary for European acetic acid and VAM for March 1, 2018, to restate the week-on-week changes in the FOB NWE assessment for both acetic acid and VAM.

The week-on-week changes were misstated in the March 1 commentary, published on Platts Petrochemical Alert page 171.

The rationale now reads: S&P Global Platts assessed spot VAM trucks at Eur1,040/mt FD NWE, unchanged from the previous assessment. The barge price was assessed up $40/mt to $1,219/mt FOB NWE. Acetic acid trucks were assessed at Eur590/mt, also unchanged from the week before and the price remained firm with ongoing tightness. Barges were assessed at $671/mt FOB NWE, rising $5/mt week on week.

The reissued rationale is available on PCA 171.

Please send questions and comments to pl_petchems_ln@spglobal.com with copy to pricemethodology@spglobal.com.