Platts launches assessments for recycled PS white pellets in NWE

Platts, part of S&P Global Commodity Insights, has launched daily white recycled polystyrene pellet spot price assessments, effective March 26.

The launch follows a proposal published Jan. 28 and the subsequent decision published Feb. 25.

Details of the assessments are as follows:

Basis and locations: Delivery duty paid Northwest Europe. Northwest Europe includes Germany, the Benelux region, France and Switzerland.

Standard spot cargo size: Minimum 20-mt lots

Product Specifications: R-PS pellets are post-consumer, non-odorless, non-food-grade, with a melt flow index of 4.0-8.0 g/10 minutes tested at 200 degrees Celsius, with a density of 1.04-1.07 g/cm3. Pellets should have at least 30% HIPS and do not include any EPS.

Colour: White pellets

Delivery: 3-30 days forward

Pricing information for the material with specifications and terms deviating from the above-mentioned parameters may be normalized accordingly.

The assessments can be found against the following symbols:

The assessments reflect the spot value of recycled polystyrene at 4:30 pm London time. The assessments follow the London publication schedule.

The weekly average is published every Wednesday. A weekly commentary and rationale will also be published on a Wednesday. The assessments are published in Sustainable Polymerscan, on Platts Connect and in the Platts price point database.

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 will make comments not marked as confidential available upon request.