Platts proposes to observe India, Singapore publishing schedules for toluene CFR India outright assessment

Platts, part of S&P Global Commodity Insights, proposes to publish the outright CFR India toluene assessment in line with the Singapore and India publishing schedules, effective July 23, 2024.

Under the change, the CFR India outright assessment, which is derived by adding a premium to the FOB Korea toluene marker, would not be published when there is a holiday either in Singapore or India, as outlined here https://www.spglobal.com/commodityinsights/en/our-methodology/holiday

Platts would still assess the toluene differential between CFR India and FOB Korea, according to the India publishing schedule, as announced in the proposal available at https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/052024-platts-proposes-changes-to-publishing-schedule-for-indiasouth-asia-chemical-assessments

The publication of both assessments currently follows the Singapore holiday publishing schedule.

The timestamp of the assessment would remain unchanged at 4:30 pm Singapore time (0830 GMT) or 2 pm India Standard Time.

The assessment appears in the Asia Petrochemicalscan and Petrochemical Alert (PCA) pages 218, 326, 235, 413, 542 and 900.

Please send any questions or comments to petchems@spglobal.com and pricegroup@spglobal.com by June 25.

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 to the public upon request.