Platts proposes daily Asia butadiene assessments

Platts invites industry feedback and written comments on its proposal to launch daily butadiene assessments, basis FOB Korea and CFR China.

The assessment period will be for cargoes loaded (FOB) or delivered (CFR) 20-40 days forward from date of publication.

Platts will also publish daily China ex-tank prices in yuan, which will be inclusive of the 17% value added tax.

Current butadiene assessments for FOB Japan, CFR Taiwan and CFR Southeast Asia will remain weekly assessments.

Please send any queries or comments by June 30 to Clement Choo at clement_choo@platts.com with a copy to petchems@platts.com and pricegroup@platts.com