Chemicals, Polymers

March 21, 2024

Platts proposes to launch Central Mexico recycled polyethylene terephthalate assessments

Platts, part of S&P Global Commodity Insights, is proposing to launch new daily spot recycled PET post-consumer bottle bales and clear flakes price assessments for Central Mexico, effective June 3.

Assessment Post-Consumer PET Bottle Bales Recycled PET flake
Specifications Post-consumer curbside clear bottle bales with a minimum PET content of 95% Clear hot-washed flake, derived from 100% post-consumer recycled content, with an intrinsic viscosity of 0.72-0.78 dl/g and a PVC content no higher than 50 ppm
Basis Ex-works Central Mexico Ex-works Central Mexico
Timing Loading 0-30 days forward from date of publication Loading 1-14 days forward from date of publication
Volume 14,515-22,680 kg 19,051-22,680 kg
UOM Mexican peso/kg Mexican peso/kg

The assessments would reflect pricing information for ex-works Mexico City, State of Mexico, Morelos, Puebla, Queretaro, Hidalgo, and Guanajuato, where Platts currently observes price consistency.

The assessments would reflect spot prices at 4:00 pm CST daily and follow the Brazil publication calendar.

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, as well as any other data deemed relevant to the assessment process.

Pricing information for material with other specifications and terms may be normalized to the standard.

The proposed assessments would complement Platts existing recycled plastics coverage and would be published in Polymerscan.

Please send any comments or feedback by May 3 to petchems@spglobal.com and pricegroup@spglobal.com.

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