SUBSCRIBER NOTE UPDATE: Platts moves some Americas petrochemicals MOC to 2:30 pm ET close

(Adds PCA pages effected by the time change)

Following a period of feedback after a formal proposal published April 1, 2016, as well as a previous public consultation and review period, Platts has decided to amend the timestamp reflected in its Americas daily spot methyl tertiary butyl ether (PHAKY00), toluene (PHAAR00, AASMY00) mixed xylene (PHBHN00, AASMZ00) and propylene (AAIKS00, PHAXJ04, PHAAA00) assessments to reflect a 2:30 pm EDT close.

The change will be implemented July 1.

With the changes, daily propylene price assessments (AAIKS00, PHAXJ04, PHAAA00) will move from PCA 870 to PCA 311. The daily propylene commentary will move from PCA 1190 to PCA 1543. Weekly assessments for aromatics with a 2:30 EDT close will appear on PCA 234.

Previously, all Platts assessments in these petrochemical markets for the Americas reflect a closing value of 3:15 pm EDT. Platts launched a formal consultation into the closing time for its oil, petrochemicals and agriculture assessments in the Americas on January 26, 2016.

Please send all comments, feedback and questions to americaspetrochemicals@platts.com and pricemethodology@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.