Platts launches daily recycled HDPE black blow moulding pellet FOB Southeast Asia assessment

Platts, part of S&P Global Commodity Insights, has launched a new daily recycled high density polyethylene (R-HDPE) black blow moulding pellet FOB Southeast Asia assessment on Aug. 1 to meet growing demand for pricing information in the recycled plastic markets.

The new assessment reflects natural pellets used for consumer packing applications, and is published in $/mt.

The assessment also reflects cargo sizes of minimum 15 mt for loading 15-30 days forward from the date of publication, from Port Klang in Malaysia, Bangkok in Thailand, Jakarta in Indonesia, Singapore, Batangas in the Philippines and Cat Lai in Vietnam.

Price information on loadings from other ports within Southeast Asia may be taken into consideration and normalized to the basis ports for assessment purposes.

The assessment reflects standard market payment terms. Typical market payment terms are on a telegraphic transfer basis, with a 30% deposit and the rest of the payment on arrival.

The assessment also reflects a typical melt flow index of up to 2.0 grams/10 minutes when measured at 190 degrees Celsius with a 2.16 kg sample.

Platts may also take into consideration recycled polyethylene (PE) of other specifications and may normalize price information to the standard specifications reflected for the assessment.

The assessment takes into consideration price information gathered up to the close of the Platts Market on Close assessment process at 4:30 pm Singapore time (0830 GMT) and follows the Singapore publishing schedule.

The assessment appears on Asian Petrochemicalscan, Polymerscan, Platts Petrochemical Alert pages 409, 441, 574 and the Petrochemicals Service on Platts Market Center, under the following price database codes:

Recycled HDPE Black Blow moulding Pellets FOB Southeast Asia $/mt: ARHBP00 (daily)

Recycled HDPE Black Blow moulding Pellets FOB Southeast Asia $/mt WAvg: ARHBP04 (weekly average)

Recycled HDPE Black Blow moulding Pellets FOB Southeast Asia $/mt MAvg: ARHBP03 (monthly average)

The daily rationale for the daily assessment will be published on PCA page 733, while the weekly commentary will be published every Wednesday on PCA page 732.

The weekly average will be published every Wednesday.

Please send any further feedback or questions to petchems@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if comments are intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available on request.