Platts to launch MX and toluene CIF-FOB ARA differential price assessments, June 30

Platts, part of S&P Global Commodity Insights, will start assessing differentials between CIF and FOB ARA prices for mixed xylenes (MX) and toluene, effective June 30.

Platts will assess and database the following differentials:

This means the Platts FOB ARA price assessments will be decoupled from the CIF ARA assessments, which are currently assessed at parity.

A positive differential would signify a premium of CIF ARA prices over FOB ARA prices, while a negative differential would indicate a discount.

Platts proposed to launch differentials between CIF and FOB ARA on April 28 (opens in a new tab)after an initial proposal to decouple the FOB ARA and CIF ARA prices assessments for MX and toluene, published on Jan 6(opens in a new tab).

The differentials will affect the following assessments:

These assessments appear on Platts Connect, PlattsMarketCenter, Platts Chemical Alert (PCA) fixed pages 0328, 0432, 0444, 0377,0432,0324, and in Polymerscan, and Europe and Americas Petrochemicalscan.

Please send all feedback, comments and questions to petchems@spglobal.com with a copy to pricegroup@spglobal.com .

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Platts will consider all comments received and will make comments not marked as confidential available upon request.