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22 May 2015 | 10:26 UTC — Houston
Platts proposes to launch FAS Houston basis metallocene and standard linear low density polyethylene C6 export price assessments on a weekly basis from August 1, 2015, to capture export market liquidity.
Specifications for standard LLDPE C6 are: 1-Hexene comonomer based on the Ziegler Natta catalyst, with density between 917-922 kg/m3 for both cast and blown film, and a melt flow index of around 0.85. The proposed weekly export price assessment would reflect a spot cargo size of 100 mt. Larger cargo sizes may be assessed but will be normalized to the standard volumes.
Specifications for metallocene C6 are: 1-Hexene comonomer with a density of 918-940 kg/m3 for both cast and blown film, and a melt flow index of between 0.3-4.5. The proposed weekly export price assessment would reflect a spot cargo size of 100 mt. Larger cargo sizes may be assessed, but will be normalized to the standard volumes.
Platts is seeking feedback until June 15 and plans to launch the assessments on August 1.
Please direct any questions or comments to petchems@platts.com with a copy to pricegroup@platts.com. Please provide a clear indication if comments are intended for publication by Platts for public viewing. Platts will consider all comments received and will make these comments available on request.