SUBSCRIBER NOTE: Platts proposes to move CFR India methanol weekly assessment, MOC to Wed

Singapore (Platts)--5Jul2018/235 am EDT/635 GMT S&P Global Platts is proposing to change the weekly CFR India methanol assessment and Market on Close process from Fridays to Wednesdays with effect from September 3.

This is to better capture trade flows in the India market and to allow for greater MOC participation of companies in the Middle East, which are closed on Fridays.

The weekly assessments will now take into consideration price information gathered up to the close of the MOC at 4:30 pm Singapore time on Wednesday.

The change in the day will impact the weekly CFR India assessment currently published on PCA 348 and under the symbol AABAG00.

These will be published on a separate page on Wednesdays.

Platts will inform subscribers of the new PCA page for this assessment in due course.

Asia Petrochemical Scan will continue to carry the weekly CFR India prices as these will be published with an asterisk to denote that the assessments were published on Wednesday.

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 they are not intended for publication by Platts for public viewing.