Platts proposes to amend CFR Brazil PVC methodology

Platts, part of S&P Global Commodity Insights, is proposing to amend the methodology for its CFR Brazil PVC assessment to better align with market practices, effective June 30, 2025.

DUTIES: Under this proposal, Platts would start including import tariffs and antidumping duties in its published price assessment to more accurately reflect the landed prices available to buyers from different origins. Under the current methodology, the CFR Brazil PVC price excludes duties.

QUALITY & SPEC: Platts also proposes to start reflecting additional grades in its assessment, namely K66, K67 and K68 grades. Under the current methodology, the CFR Brazil price reflects K65 grade only. These four grades are considered as medium K value grades, used in a variety of applications across consumer goods, pipes and profiles, and Platts has observed a lack of differentiation in prices between them.

LAYCAN: Platts also proposes an expansion of delivery laycan to 30-90 days, from the current 20-40 days, to better reflect current international logistics market dynamics.

The CFR Brazil assessment is published every Wednesday in Polymerscan and Latin American Polymerscan, as well as on PlattsConnect and in the Platts Price Point database under the following codes: AAVPZ04 (weekly), AAVPZ03 (M.Avg).

These proposed changes reflect observed market feedback and activity.

Please send all comments, feedback, and questions to petchems@spglobal.com and pricegroup@spglobal.com by June 1, 2025.

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 make comments not marked as confidential available upon request.