16 May 2014 | 02:43 UTC — London

SUBSCRIBER NOTE: Platts clarifies NWE polymer contract price assessment methodology

Platts publishes NWE polymer contract assessments on a weekly basis and reflects the prevailing market value of the current delivery month's price. The assessments will reflect settlements and negotiations between polymer producers and converters through the course of the delivery month and market value may evolve through the course of the corresponding negotiations. The weekly assessments are not increased or decreased incrementally from the beginning of the month to reach an assessment fully reflective of the market value at the end of the month. Please send any comments and questions to petchems@platts.com.