Platts proposes to modify credit terms for Asia paraxylene

Platts invites industry feedback and written comments on its proposal to change the Asia paraxylene credit terms to 0-30 days for FOB South Korea and 60-90 days for CFR Taiwan/China and CFR South East Asia.

Under the current Platts methodology, spot cargoes of paraxylene are assessed based on a credit term of at sight for FOB South Korea and 30-45 days for CFR Taiwan/China and CFR South East Asia.

Please send any queries or comments by June 30 to Fumiko Dobashi fumiko_dobashi@platts.com with a copy to petchems@platts.com and pricegroup@platts.com.