26 Jun 2024 | 00:21 UTC

Platts proposes to launch US dense soda ash contract assessment

Platts, part of S&P Global Commodity Insights, proposes to launch US dense soda ash contract price assessment, effective Aug. 1, 2024.

The new assessments would be published on a monthly basis and databased to the first working day of the month.

The specifications and terms of the new Dense Soda Ash assessment are as follows:

Specifications Dense Soda Ash with a minimum purity level of 99.2%
Basis and Location Ex-plant Wyoming (Green River)
Laycan Current calendar month
Quantity Volumes reflecting a medium-sized buyer
Timestamp 13:30 CT
Publishing schedule US
UOM $/st (short ton)

All market information reported to Platts may be considered and will be published in real time, including firm bids and offers, trades, and indicative values.

Pricing information for material with other specifications and terms may be normalized to the standard.

Other market information deemed relevant and significant may be considered and weighed into the assessment process.

Please send any comments, feedback or questions to petchems@spglobal.com and pricegroup@spglobal.com by July 5.

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.