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27 May 2015 | 03:10 UTC — Singapore
Platts will discontinue publication of the monthly price assessment of Merchant Bar CFR East Asia (SB01165) effective June 2015.
The last assessment will be made on May 29.
As Platts has reported, wide product specifications, low liquidity and local pricing have made these pan-regional assessments difficult to maintain as a reflection of regional value.
Market participants have provided feedback that the price is no longer representative and does not serve a purpose as an industry reference.
Please send all questions to anna.low@platts.com and pricegroup@platts.com.