26 Jun 2018 | 11:37 UTC — Singapore

SUBSCRIBER NOTE: Platts changes CFR China methanol cargo volume to 5,000-10,000 mt

Singapore (Platts)--26Jun2018/737 am EDT/1137 GMT S&P Global Platts has increased the standard cargo volume in its CFR China methanol assessment to 5,000-10,000 mt in line with changing market conditions, effective Monday, June 25, 2018.

Due to continued market research, the effective date for this change was extended from the initial proposal start date of June 18.

Platts will continue to research the proposal to change the delivery laycan from 20-40 days to 20-50 days forward from the date of publication, extending the feedback period to July 5, 2018.

Platts remains committed to reflecting standard cargo sizes in its assessments and constantly reviews existing methodology to ensure its assessments reflect standard traded parameters in a given market.

Please direct any questions or comments to petchems@spglobal.com with a copy to pricegroup@spglobal.com.

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