SUBSCRIBER NOTE: Platts to launch FD NWE post-consumer PET bottle bale assessment

S&P Global Platts has decided to launch an FD NWE post-consumer polyethylene terephthalate bottle bale spot price assessment in light of market demand, effective June 5, 2019.

This new assessment will better capture the full recycling loop in the PET market. The assessment will complement the existing FD NWE R-PET flake and FD NWE R-PET food grade pellet assessments.

The weekly assessment will take into consideration price information gathered up to the close of the assessment process at 4:30 pm Wednesday London time and will reflect material with a minimum 80% colorless PET content in minimum 18 mt parcels for delivery in Northwest Europe, excluding France, within 3-30 days from the date of publication.

The Northwest Europe post-consumer PET bottle bale assessment will be published on the Platts real-time Petrochemical Alert page PCA 506, in Polymerscan, Platts Market Center and Platts Market Data.

Please direct any questions or comments to pl_petchems_ln@spglobal.com with a copy to pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing.