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20 Jun 2016 | 09:33 UTC — London
Effective June 20, 2016 S&P Global Platts publishes European aromatics bids and offers, which reflect full calendar month, half-month and balance-of-the-month loading/delivery dates only in line with the standard market practice.
Orders with loading/delivery dates stretching over more than one month are no longer considered due to their restrictive nature.
Market-makers should allow at least five clear calendar days for nomination period, which is customary in the aromatics market.
Platts continues to publish assessments for aromatics with the delivery/loading dates within individual months and a marker price reflecting a weighted average for product loading/delivered 5-30 days forward.
These guidelines are applicable to toluene, mixed xylenes, paraxylene, orthoxylene, benzene and styrene bids and offers in Europe.
Please send any comments or questions to pl_petchems_ln@spglobal.com and pricemethodology@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.