Platts launches two daily recycled polystyrene assessments for Northwest Europe

Platts, part of S&P Global Commodity Insights, has launched two new daily spot recycled polystyrene assessments for Northwest Europe, effective May 3, 2023, in light of increasing consumer demand and interest in recycled plastic.

The decision to launch these assessments was published on April 26, 2023, available at https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/042623-platts-to-launch-two-daily-recycled-polystyrene-assessments-for-northwest-europe

The new assessments are published in Eur/mt on a daily basis and reflect the following specifications:

Basis and Locations: Delivery duty paid Northwest Europe. Northwest Europe includes Germany, the Benelux region, France, and Switzerland. Pricing information from other regions may be taken into consideration for the assessment, subject to normalization.

Standard spot cargo size: Minimum 20 mt lots

Product Specifications: R-PS pellets are non-odorless, non-food-grade, with a melt flow index (MFI) of 4.0-8.0g/10 minutes tested at 200 degrees Celsius, with a density of 1.04-1.07g/cm3. Pellets should have at least 30% HIPS and do not include any EPS.

R-PS black pellets: Black pellets.

R-PS grey pellets: Grey and whitish-grey pellets that do not contain black, white, or colored grades.

Delivery: 3-30 days forward

The assessments reflect the spot value of recycled polystyrene at 16:30 pm London time. The assessments follow the London publication schedule. The weekly average will be published every Wednesday. A weekly commentary and rationale will also be published on a Wednesday.

The assessments are published on Petrochemical Alert pages PCA0385, PCA0386, PCA0503, PCA0574, and PCA0441 in the Platts price database, on Platts Market Center, on Platts Dimensions Pro and in Polymerscan under the symbols listed above.

Please direct any questions or comments to petchems@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.

Platts will consider all comments received and will make comments not marked as confidential available upon request.