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12 Apr 2017 | 01:27 UTC — London
S&P Global Platts has been publishing annual rebates of 14-18% for the Europeanethylene contract price and annual rebates of 6-10% for the European propylene contract price from March 27 on Platts Petrochemical Alert page 300 and 308.
The rebates were and will be in future assessed by surveying major market participants. These rebates would apply to a minimum size of contract of 150,000 mt/year for ethylene and 80,000 mt/year for propylene.
Please send comments and feedback to pricemethodology@spglobal.com and petchems@spglobal.com For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will make comments not marked as confidential available upon request.