03 Apr 2023 | 15:55 UTC

Platts changes petrochemical weekly contract prices to monthly publishing

Platts will start publishing the monthly contract prices for the following petrochemical assessments once per month, changing from publishing once per week effective April 3, 2023.

Under this change, the monthly butadiene, MEG, orthoxylene, benzene and phthalic anhydride contract prices will now be published on the first working day of the month for which they get settled. For example, if April butadiene settles the last week of March, the price will be databased on April 3.

Prices were previously published every Friday of the month for which the contract settled.

The changes will affect the following assessments and list prices:

Symbol

Butadiene

PHAKM00

MEG (monoethylene glycol)

PHAXG04

Orthoxylene

PHABF00

Benzene

PHAAD00

Phthalic Anhydride

PHARC00, PHARE00

The assessments appear in Platts Olefinscan, Polymerscan, Europe and Americas Petrochemicalscan as well as Platts Price Point database under the codes listed above.

Platts invites comments and questions to petchems@spglobal.com and pricegroup@platts.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.