03 Jun 2024 | 13:35 UTC

Platts amends MTBE, benzene and toluene conversion factors effective June 3

Platts, part of S&P Global Commodity Insights, has amended factors, used for conversion between $/mt and cents/gallon for benzene, MTBE and toluene, effective June 3.

The new values are as follows:

Code Previous Effective June 3
MTBE AAWLE00 355.4 354.1654
Benzene AAXVT00 299 299.2094
Toluene AAXVT00 304 302.1526

The affected assessments are published on Fixed Pages -- PB1410, PC318, and PC900, as well as on real-time service and Platts Connect.

Platts initially proposed the launch of these assessments on May 21, in a subscriber note available here.

Platts later announced the decision to change the conversion factors on May 28, in a subsequent subscriber note available here .

Please send all feedback and comments to petchems@spglobal.com and pricegroup@spglobal.com .

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.