Platts to launch new daily HDPE Pipe Natural CFR South Asia assessment May 15

Platts, part of S&P Global Commodity Insights, is set to launch a daily spot high-density polyethylene pipe natural CFR South Asia assessment, effective May 15, 2024.

The assessment will complement Platts existing suite of polyolefins assessments in the region and provide transparency in the HDPE pipe grade market.

Platts originally proposed this assessment in a subscriber note published on March 18, 2024, which can be found here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/031824-platts-proposes-to-launch-new-daily-hdpe-pipe-natural-assessment-may-15-2024

The assessment will be published in $/mt daily, taking account of market information reported to Platts ahead of the market close at 4:30 pm Singapore time (0830 GMT).

The assessment would reflect HDPE Pipe natural that meets the following specifications:

Timing: Delivered 15-30 days forward from the date of publication

Location basis: CFR South Asia, basis Nhava Sheva, Mundra

Cargo size: 100-500 mt

Credit terms: up to L/C 30 days

Specifications: Melt flow index of less than 0.3

Pricing information for material with other specifications and terms may be normalized to the proposed standard.

These assessments would appear on the Asian Petrochemicalscan, Polymerscan and Platts Petrochemical Alert pages PC0266, PC0411, PC0462, PC0530, PC0531, PC0570, PC0573.

Please send any comments or feedback to petchems@spglobal.com and 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.