25 Apr 2019 | 10:26 UTC — Singapore

SUBSCRIBER NOTE: Laytime, demurrage in CFR Taiwan/China paraxylene MOC process

S&P Global Platts would like to remind participants in its Asian paraxylene Market on Close assessment process that for trades reported in the process terms and conditions should follow market standards for laytime and demurrage.

Platts understands that market norms for Asian paraxylene include terms that state that applicable laytime and demurrage would be as per charterparty agreement.

Platts may review terms employed in trade reported through the MOC for adherence to market standard.

Please send all queries and feedback 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.