17 May 2012 | 10:18 UTC — London

Platts proposes daily NWE butadiene assessments

Platts invites industry feedback and written comments on its proposal to launch daily butadiene spot price assessments basis free-delivered Northwest Europe and FOB Rotterdam.

Spot assessments basis FD NWE priced in Euro/mt, assessments basis FOB Rotterdam priced in $/mt, are for cargoes delivered 3-30 days forward, of at least 1,000 mt in lot size. Current monthly contract price assessments basis FD NWE in Euro/mt will remain weekly assessments.

Please send queries or comments by June 30 to David Potter at David_Potter@platts.com, Michelle Ho at Michelle_Ho@platts.com, Ilana Djelal at Ilana_Djelal@platts.com with a copy to petchems@platts.com and pricegroup@platts.com.