03 May 2024 | 12:20 UTC

Platts proposes to launch US synthetic rubber assessments

Platts, part of S&P Global Commodity Insights, proposes to launch US weekly polybutadiene rubber and styrene-butadiene rubber spot assessments, effective May 31.

The assessments would be published on the last working day of the week, based on market information received up to 1:30 pm Central time.

Details of the proposed assessment are as follows:

Specifications High-Cis Polybutadiene rubber (H-PBR) Emulsion SBR 1500 Emulsion SBR 1502
Basis and Location FOB US Gulf Coast CFR US Gulf Coast CFR US Gulf Coast
Laycan Loading 15-30 days forward Delivered 15-30 days forward Delivered 15-30 days forward
Quantity 16-20 mt 16-20 mt 16-20 mt
Timestamp 1:30 pm Central time 1:30 pm Central time 1:30 pm Central time
Publishing schedule US US US
UOM Cents/lb Cents/lb Cents/lb
Symbols CPBRU01 CSBRU01 CSBRU02

All market information reported to Platts may be considered and will be published in real-time, including firm bids and offers, trades, and indicative values.

Pricing information for material with other specifications and terms may be normalized to the standard.

Other market information deemed relevant and significant may be considered and weighed into the assessment process.

Please send any comments, feedback or questions to petchems@spglobal.com and pricegroup@spglobal.com by May 10.

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.