Chemicals, Polymers
June 13, 2025
Platts proposes to change incoterms of US recycled polymer assessments
Platts, part of S&P Global Commodity Insights, is proposing to change the incoterm for most of its US recycled polymer assessments from FOB to ex-works, effective Aug. 1, 2025.
The proposed change to ex-works (EXW), which indicates material ready to be picked up by the buyer by railcar or truck at the seller's premises, would better reflect common market practice in the domestic US recycled plastic market, according to market feedback.
This change would impact the following daily assessments, along with all associated averages and conversions:
| Symbol | Current name | Proposed name | Current incoterms | Proposed incoterms |
| APCCH00 | Post-Consumer PET Bottle Bales Standard Grade FOB Chicago (daily assessment, cents/lb) | Post-Consumer PET Bottle Bales Standard Grade EXW Chicago (daily assessment, cents/lb) | FOB | ex-works |
| APCLB00 | Post-Consumer PET Bottle Bales Standard Grade FOB Los Angeles (daily assessment, cents/lb) | Post-Consumer PET Bottle Bales Standard Grade EXW Los Angeles (daily assessment, cents/lb) | FOB | ex-works |
| APCLA00 | Post-Consumer PET Bottle Bales Premium Grade FOB Los Angeles (daily assessment, cents/lb) | Post-Consumer PET Bottle Bales Premium Grade EXW Los Angeles (daily assessment, cents/lb) | FOB | ex-works |
| ARPLA00 | Recycled PET Clear Flakes FOB Los Angeles (daily assessment, cents/lb) | Recycled PET Clear Flakes EXW Los Angeles (daily assessment, cents/lb) | FOB | ex-works |
| ACPGA00 | Recycled PET Clear Packaging Grade Flake FOB Chicago (daily assessment, cents/lb) | Recycled PET Clear Packaging Grade Flake EXW Chicago (daily assessment, cents/lb) | FOB | ex-works |
| AFGPA00 | Recycled PET Food-Grade Pellets FOB Los Angeles (daily assessment, cents/lb) | Recycled PET Food-Grade Pellets EXW Los Angeles (daily assessment, cents/lb) | FOB | ex-works |
| ARNPC00 | Post-Consumer HDPE Mixed-Color Bales FOB Chicago (daily assessment, cents/lb) | Post-Consumer HDPE Mixed-Color Bales EXW Chicago (daily assessment, cents/lb) | FOB | ex-works |
| ARNPE00 | Post-Consumer HDPE Natural FOB Chicago (daily assessment, cents/lb) | Post-Consumer HDPE Natural EXW Chicago (daily assessment, cents/lb) | FOB | ex-works |
| ARNPA00 | Recycled HDPE Natural Pellets FOB Chicago (daily assessment, cents/lb) | Recycled HDPE Natural Pellets EXW Chicago (daily assessment, cents/lb) | FOB | ex-works |
| ARNPG00 | Post-use LDPE Grade A Bales FOB Chicago (daily assessment, cents/lb) | Post-use LDPE Grade A Bales EXW Chicago (daily assessment, cents/lb) | FOB | ex-works |
| ARNPH00 | Post-use LDPE Grade B Bales FOB Chicago (daily assessment, cents/lb) | Post-use LDPE Grade B Bales EXW Chicago (daily assessment, cents/lb) | FOB | ex-works |
| ARNPI00 | Recycled LDPE Light Gray Pellets FOB Chicago (daily assessment, cents/lb) | Recycled LDPE Light Gray Pellets EXW Chicago (daily assessment, cents/lb) | FOB | ex-works |
These assessments are published on the fixed pages PCA0441, PCA0574 and PCA0624, in Polymerscan and Sustainable Polymerscan, PlattsConnect and in the Platts price database under above-mentioned codes.
Please send any comments and questions to petchems@spglobal.com and pricegroup@spglobal.com, by June 30, 2025.
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.