Subscriber note: Platts to implement new credit term for Asian orthoxylene assessment

Platts will implement a credit term of 90 days for the CFR China orthoxylene assessment (AAOTS00) from June 3, 2013. Under the previous Platts methodology, the CFR China assessment was based on a credit term of 30 days letter of credit. This proposal was initially announced on February 5, 2013. Based on industry feedback, the change reflects changing trading patterns in Asia. This assessment has been published on Platts Petrochemicals Alert page PC0334, in the Asian Petrochemicalscan and in the Platts database under the codes AAOTS00. Please send any queries or comments to pl_asia_petchem@platts.com with a copy to pricegroup@platts.com.