SUBSCRIBER NOTE: Operational tolerance standards in CFR India methanol cargo

Singapore (Platts)--12Jul2018/938 pm EDT/138 GMT S&P Global Platts assessments for CFR India methanol reflect cargo volumes and product quality that conform to typical industry practice and standards, including for operational tolerance on delivered volumes.

Effective June 25, 2018, Platts assessment for CFR India methanol prices reflect 5,000-10,000 mt cargoes loading 20-40 days from the day of publication. Platts considers for publication bids, offers and interest to trade cargoes that reflect an operational tolerance of plus/minus 5%, in line with standard industry practice, in sellers option. The formula used for pricing operational tolerance does not change and remains the same as the initial contracted price.

Platts remains committed to reflecting standard cargo sizes in its assessments and constantly reviews 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.