Platts to launch new weekly caprolactam assessment in the US

Platts, part of S&P Global Commodity Insights, will launch a weekly DDP US Southeast caprolactam contract assessment, effective April 24.

The assessment will complement Platts plans to expand on coverage of the downstream nylon market chain.

Platts originally proposed this assessment in a subscriber note published on March 12, available here.

The new assessment, to be published in cents/lb, would take into consideration price information gathered up to the close of the assessment process at 1:30 pm Central time on Wednesday.

Details of the specifications are as follows:

Market information with non-standard specifications may be considered and normalized to the standard.

Platts prioritizes fully verifiable, transparent market information. If bid, offer, or transaction data is lacking, other reported data may be considered.

Spread differentials to related markets may be used.

Assessments produced by calculation will be stated.

Please send any questions, comments or feedback to petchems@spglobal.com with a copy to pricegroup@spglobal.com.

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