SUBSCRIBER NOTE: Platts to assess CFR Taiwan styrene monomer

S&P Global Platts will assess CFR Taiwan styrene monomer prices based on the latest price information sourced from the market up to close of the assessment window at 4:30 pm Singapore time (0830 GMT), effective Tuesday, May 22, 2018.

Previously, CFR Taiwan styrene monomer was assessed at parity with the Platts CFR China styrene monomer price.

Assessments will reflect price information, adjacent market activity reported to Platts throughout the day, and values for all reported trades normalized to reflect the prevailing value of the market at 4:30 pm Singapore time.

The change has been made in response to China imposing anti-dumping duties on styrene monomer of South Korean, Taiwan and US origin implemented February 13, 2018, and which will see the prices for styrene monomer delivered into China and Taiwan deviate in value.

Please send any questions or comments to petchems@spglobal.com, with a copy to pricegroup@spglobal.com.

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