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28 May 2012 | 10:17 UTC — London
Following a period inviting market feedback, Platts plans to discontinue its European gross contract price assessments for general purpose polystyrene (GPPS) and high-impact polystyrene (HIPS) with effect from June 27, 2012. The last gross contract price assessments for polystyrene will be published on that day. The proposed discontinuation will impact the assessments listed below with their respective Oracle codes:
GPPS Currency Oracle codes
FD Germany Eur/mt HPAMO00
FD Holland Eur/mt HPAMP00
FD Italy Eur/mt HPAMQ00
FD France Eur/mt HPAMR00
FD Britain Eur/mt PHAMS00
FD Spain Eur/mt HPAWL04
FD NWE CP $/mt PHAIJ00
HIPS Currency Oracle codes
FD Germany Eur/mt HPAMT00
FD Holland Eur/mt HPAMU00
FD Italy Eur/mt HPAMV00
FD France Eur/mt HPAMW00
FD Britain Eur/mt PHAMX00
FD Spain Eur/mt HPAWN04
FD NWE CP $/mt PHAIP00
These assessments are currently published on PCA 276, PCA 263 and Platts Polymerscan. The discontinuation follows the introduction of the free-delivered net contract price assessments for Northwest Europe GPPS and HIPS on September 1, 2010. For further queries and feedback please contact Ilana Djelal, at Ilana_Djelal@platts.com, Michelle Ho at Michelle_Ho@platts.com, petchems@platts.com, with a copy to pricegroup@platts.com