Platts to discontinue US MEG contract price

Platts, part of S&P Global Commodity Insights, will discontinue its US monoethylene glycol contract price assessment (PHAXG04) due to limited market liquidity, effective June 2, 2025.

Platts announced the discontinuation in a proposal note Feb. 21, which can be seen in a subscriber note here.

The discontinuation follows Platts' decision to discontinue publication of Shell's monthly MEG Asia contract price from January 2025, which can be seen in a subscriber note here.

The US MEG contract assessment is a formula-based contract price which employs an average of the three Asia contract price nominations.

Platts will continue to publish weekly monoethylene glycol spot price assessments on an FOB US Gulf Coast basis under symbol PHAXF04.

Please send all comments, feedback, and questions 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 make comments not marked as confidential available upon request.