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24 May 2016 | 08:09 UTC — Houston
(Adds date when changes will take place)
Following a period of feedback after a formal proposal published April 1, 2016, as well as a previous public consultation and review period, Platts has decided to amend the time stamp reflected in its Americas daily spot methyl tertiary butyl ether (PHAKY00), toluene (PHAAR00, AASMY00), mixed xylene (PHBHN00, AASMZ00), and propylene (AAIKS00, PHAXJ04, PHAAA00) assessments to reflect a 2:30 pm EST close. Changes will take place beginning July 1.
Currently, all Platts assessments in these petrochemical markets for the Americas reflect a closing value of 3:15 pm EST. Platts launched a formal consultation into the closing time for its oil, petrochemicals and agriculture assessments in the Americas on January 26, 2016.
Please send all comments, feedback and questions to americaspetrochemicals@platts.com and pricemethodology@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.