Platts proposes to change frequency of European HDPE virgin spot prices to daily

S&P Global Platts is proposing to change the frequency of its domestic northwest Europe high-density polyethylene spot price assessments from weekly to daily, effective July 29, 2020.

This would align with daily coverage of the virgin low density and linear low density polyethylene and recycled HDPE spot markets.

The daily assessments of blowmolding, injection and film grade HDPE in Eur/mt would take into consideration price information gathered up to the close of the assessment process at 16:30 London time and would continue to reflect delivery within 3 to 30 days from the date of publication.

The proposed change would affect the following:

HDPE B/Mldg FD NWE: AALUF00

HDPE B/Mldg FCA Antwerp: AAVKE00

HDPE Inj FD NWE: AALUD00

HDPE Inj FCA Antwerp: AAVKD00

HDPE Film FD NWE: AALUH00

HDPE Film FCA Antwerp: AAVKF00

Platts would continue to publish a weekly commentary and rationale every Wednesday and would introduce new weekly averages calculating from Thursday to Wednesday.

Platts European HDPE assessments appear in Polymerscan, on Platts Petrochemical Alert pages 272, 239 and 573 and in the Platts price database. The daily assessments would also appear on Platts Petrochemical Alert page 571.

Platts invites feedback on the proposal to petchems@spglobal.com with copy to pricegroup@spglobal.com by June 10, 2020.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

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