SUBSCRIBER NOTE: Platts proposes to change CFR India methanol standard cargo volume and delivery laycan

In line with changing market conditions, S&P Global Platts is proposing to amend the standard cargo size and the delivery laycan reflected in its CFR India methanol assessment.

Platts currently reflects in its CFR India methanol assessment a cargo volume size of 2,000-5,000 mt and a delivery laycan 20-40 days forward from the date of publication.

Platts is proposing to change its cargo volume size to 5,000-10,000 mt and the delivery laycan to 10-30 days forward.

Platts proposal to change the cargo volume size and the delivery laycan is due to strong market support to reflect standard traded volumes and delivery timing.

Platts invites all stakeholders and interested parties to provide feedback on these proposals by April 16, 2018.

Platts remains committed to reflecting standard cargo sizes in its assessments and is constantly reviewing the existing methodology to ensure its assessments reflect standard traded parameters in a given market.

Please direct any questions or comments to petchems@spglobal.com with a copy to 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.