02 Jul 2018 | 02:27 UTC — Singapore

SUBSCRIBER NOTE: Platts to amend CFR China styrene monomer standard cargo volume

Singapore (Platts)--2Jul2018/1027 pm EDT/227 GMT S&P Global Platts will amend the standard cargo size reflected in its CFR China styrene monomer assessments, effective July 2, 2018. Platts currently reflects a cargo volume size of 2,000 mt for its CFR China SM assessments. Platts will change the cargo volume size for its CFR China SM assessments to reflect 2,000 mt to 3,000 mt. This change is in response to industry feedback that changing trade flows have stipulated an increase in spot cargo deliveries CFR China of up to 3,000 mt. Platts remains committed to reflecting standard cargo sizes in its assessments and is constantly reviewing the 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. 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.