Platts to discontinue NWE PS gross prices June 27

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 FD NWE contract price assessments that reflected a conversion from FD Germany gross GPPS and HIPS prices would now reflect a conversion from net prices.

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

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

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.