26 Jun 2024 | 11:09 UTC

Platts to observe India, Singapore publishing schedules for toluene CFR India outright assessment

Platts, part of S&P Global Commodity Insights, has decided to publish the outright CFR India toluene assessment in line with the Singapore and India publishing schedules, effective July 24, 2024.

Under the change, the CFR India outright assessment, which is derived off an additional premium to the FOB Korea toluene marker, will not be published when there is a holiday either in Singapore or India, as outlined here.

Platts will still assess the toluene differential between CFR India and FOB Korea according to the India publishing schedule, as announced in a separate note.

The publication of both assessments currently follows the Singapore holiday publishing schedule.

The affected symbols are as follows:

Assessment Daily Code Weekly Code Monthly Code
Toluene CFR India vs FOB Korea Cash Differential AATBR00 AATBR03
Toluene CFR India AAVBQ04 AATBQ04 AAVBQ03

The timestamp of the assessment will remain unchanged at 4:30 pm SGT or 2 pm IST.

The assessment appears in the Asia Petrochemicalscan and Petrochemical Alert (PCA) pages 218, 326, 235, 413, 542 and 900.

Please send any questions or comments to petchems@spglobal.com and pricegroup@spglobal.com by July 24.

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 to the public upon request.