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

S&P Global Platts is proposing to increasing the standard cargo size and lengthening the delivery laycan reflected in its CFR China methanol assessment, to be effective June 18, 2018.

Platts currently reflects in its CFR China methanol assessment a cargo volume size of 3,000-5,000 mt and a delivery laycan 20-40 days forward from date of publication.

Platts is proposing to change its cargo volume size to 5,000-10,000 mt and the delivery laycan to 20-50 days forward, in line with changing market conditions.

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.

Platts invites all stakeholders and interested parties to provide feedback on these proposals by April 30, 2018.

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.