SUBSCRIBER NOTE: Platts corrects May European PET contract price assessments

S&P Global Platts has corrected its European contract price assessments for PET. The weekly assessments were published incorrectly on May 9, May 16, May 23 and May 30, 2018, due to an incorrect application of the methodology.

The correct contract prices should read as follows: Symbol Low-High Midpoint MAY 9, 2018: Bottle grade FD NWE Net Euro/mt AAVLE04 1133.00 - 1137.00 1135.000 FD NWE Net $/mt AAVLE10 1344.00 - 1348.00 1346.110

FD NWE Euro/mt AACVR00 1224.00 - 1228.00 1226.000 FD France Euro/mt AACVB00 1224.00 - 1228.00 1226.000 FD Spain Euro/mt AACWG00 1224.00 - 1228.00 1226.000 FD Italy Euro/mt AACVI00 1224.00 - 1228.00 1226.000

FD UK Net GBP/mt AAVLF04 998.00 - 1002.00 1000.000 FD UK Net Euro/mt AAVLG04 1135.00 - 1139.00 1137.000 FD UK GBP/mt AACVL00 1028.00 - 1032.00 1030.000 FD UK Euro/mt AACVN00 1169.00 - 1173.00 1171.000

Film grade FD NWE Net Euro/mt AAVLH04 1123.00 - 1127.00 1125.000 FD NWE Euro/mt AACWV00 1213.00 - 1217.00 1215.000

MAY 16, 2018: Bottle grade FD NWE Net Euro/mt AAVLE04 1143.00 - 1147.00 1145.000 FD NWE Net $/mt AAVLE10 1347.00 - 1352.00 1349.500

FD NWE Euro/mt AACVR00 1235.00 - 1239.00 1237.000 FD France Euro/mt AACVB00 1235.00 - 1239.00 1237.000 FD Spain Euro/mt AACWG00 1235.00 - 1239.00 1237.000 FD Italy Euro/mt AACVI00 1235.00 - 1239.00 1237.000

FD UK Net GBP/mt AAVLF04 1008.00 - 1012.00 1010.000 FD UK Net Euro/mt AAVLG04 1146.00 - 1150.00 1148.000 FD UK GBP/mt AACVL00 1038.00 - 1042.00 1040.000 FD UK Euro/mt AACVN00 1180.00 - 1184.00 1182.000

Film grade FD NWE Net Euro/mt AAVLH04 1133.00 - 1137.00 1135.000 FD NWE Euro/mt AACWV00 1224.00 - 1228.00 1226.000

MAY 23, 2018 Bottle grade FD NWE Net Euro/mt AAVLE04 1203.00 - 1207.00 1205.000 FD NWE Net $/mt AAVLE10 1408.00 - 1412.00 1410.090

FD NWE Euro/mt AACVR00 1299.00 - 1303.00 1301.000 FD France Euro/mt AACVB00 1299.00 - 1303.00 1301.000 FD Spain Euro/mt AACWG00 1299.00 - 1303.00 1301.000 FD Italy Euro/mt AACVI00 1299.00 - 1303.00 1301.000

FD UK Net GBP/mt AAVLF04 1058.00 - 1062.00 1060.000 FD UK Net Euro/mt AAVLG04 1205.00 - 1209.00 1207.000 FD UK GBP/mt AACVL00 1090.00 - 1094.00 1092.000 FD UK Euro/mt AACVN00 1242.00 - 1246.00 1244.000

Film grade FD NWE Net Euro/mt AAVLH04 1193.00 - 1197.00 1195.000 FD NWE Euro/mt AACWV00 1289.00 - 1293.00 1291.000

MAY 30, 2018 Bottle grade FD NWE Net Euro/mt AAVLE04 1243.00 - 1247.00 1245.000 FD NWE Net $/mt AAVLE10 1446.00 - 1451.00 1448.680

FD NWE Euro/mt AACVR00 1343.00 - 1347.00 1345.000 FD France Euro/mt AACVB00 1343.00 - 1347.00 1345.000 FD Spain Euro/mt AACWG00 1343.00 - 1347.00 1345.000 FD Italy Euro/mt AACVI00 1343.00 - 1347.00 1345.000

FD UK Net GBP/mt AAVLF04 1088.00 - 1092.00 1090.000 FD UK Net Euro/mt AAVLG04 1240.00 - 1244.00 1242.000 FD UK GBP/mt AACVL00 1121.00 - 1125.00 1123.000 FD UK Euro/mt AACVN00 1278.00 - 1282.00 1280.000

Film grade FD NWE Net Euro/mt AAVLH04 1233.00 - 1237.00 1235.000 FD NWE Euro/mt AACWV00 1332.00 - 1336.00 1334.000

The monthly averages should read as follows: Symbol Low-High Bottle grade FD NWE Net Euro/mt AAVLE03 1168.00 - 1172.00 FD NWE Net $/mt AAVLE13 1376.80 - 1381.20

FD NWE Euro/mt AACVS00 1261.80 - 1265.80 FD France Euro/mt AACVC00 1261.80 - 1265.80 FD Spain Euro/mt AACWH00 1261.80 - 1265.80 FD Italy Euro/mt AACVK00 1261.80 - 1265.80

FD UK Net GBP/mt AAVLF03 1027.00 - 1031.00 FD UK Net Euro/mt AAVLG03 1168.40 - 1172.40 FD UK GBP/mt AACVM00 1058.00 - 1062.00 FD UK Euro/mt AACVO00 1203.80 - 1207.80

Film grade FD NWE Net Euro/mt AAVLH03 1158.00 - 1162.00 FD NWE Euro/mt AACWW00 1251.00 - 1255.00

The assessments and averages can be found in Platts Petrochemical Alert on the pages PCA 506, PCA 240, PCA 239, PCA 263 and PCA 445, on Platts Market Center, in Platts Polymerscan and in the Platts price database under the symbols listed above. For comments or queries please contact pl_petchems_ln@spglobal.com and pricegroup@spglobal.com