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04 Jul 2012 | 10:13 UTC — London
Platts has discontinued its European gross contract price assessments for general purpose polystyrene (GPPS) and high-impact polystyrene (HIPS) with effect from June 27, 2012. The final gross contract price assessments for polystyrene were published on that day.
The FD NWE contract price assessments that reflected a conversion from FD Germany gross GPPS and HIPS prices would now reflect a conversion from net prices. The discontinuation impacted the assessments listed below with their respective Oracle codes:
GPPS Currency Oracle codes FD Germany Eur/mt HPAMO00 FD Holland Eur/mt HPAMP00 FD Italy Eur/mt HPAMQ00 FD France Eur/mt HPAMR00 FD Britain Eur/mt PHAMS00 FD Spain Eur/mt HPAWL04
HIPS Currency Oracle codes FD Germany Eur/mt HPAMT00 FD Holland Eur/mt HPAMU00 FD Italy Eur/mt HPAMV00 FD France Eur/mt HPAMW00 FD Britain Eur/mt PHAMX00 FD Spain Eur/mt HPAWN04
The discontinuation follows the introduction of the free-delivered net contract price assessments for Northwest Europe GPPS and HIPS on September 1, 2010.
For further queries, please contact Ilana Djelal, at ilana_djelal@platts.com, Michelle Ho at michelle_ho@platts.com, petchems@platts.com, with a copy to pricegroup@platts.com.