Platts launches daily Methyl Methacrylate spot assessment in Europe

Platts, part of S&P Global Commodity Insights, has launched daily DDP Northwest Europe Methyl Methacrylate [MMA] spot price assessments, effective April 2.

The new assessments are designed to complement the existing Platts assessments for MMA feedstock acetone in Northwest Europe and build on the existing MMA coverage in Asia.

The new assessments will be published on business days in line with regional publication schedules and based on the latest information sourced from the market up to the close of the Platts Market on Close assessment process.

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.

Details of the MMA specifications are as follows:

Purity: Min 99.8%

Color APHA: Max 10 Hazen

Water content: Max 0.05%

Inhibitor: 10-20 ppm

Laycan: 3-30 days forward delivery

Basis: DDP NWE

Location: Northwest Europe (Eur/mt)

Quantity: 20-25 mt

Pricing information with terms, locations and specifications different from the above standard may be considered for assessment purposes, subject to normalization.

The European MMA price assessments can be found in the Platts Polymerscan and on Platts Connect, accompanied with a weekly commentary, published on Wednesday.

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.