Platts proposes to assess CIF-FOB ARA differentials for MX and toluene

Platts, part of S&P Global Commodity Insights, proposes to start assessing differentials between CIF and FOB Amsterdam-Rotterdam-Antwerp prices for mixed xylenes and toluene, effective June 30.

Platts would assess and database the following differentials:

Under the proposal, Platts would decouple the FOB ARA price assessments from the CIF ARA assessments, which are currently assessed at parity.

The positive differential would signify a premium of CIF ARA prices over FOB ARA prices, while the negative would indicate a discount.

Platts seeks further feedback on this proposal, which follows an initial proposal to decouple(opens in a new tab) the FOB ARA and CIF ARA price assessment for MX and toluene, published on Jan. 6.

The proposed changes would affect the following assessments:

These assessments appear on Platts Connect, Platts MarketCenter, Platts Chemical Alert (PCA) fixed pages 0328, 0432, 0444, 0377, 0432, 0324, and in Polymerscan, and Europe and Americas Petrochemicalscan.

Please send all feedback, comments and questions by May 21 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.