SUBSCRIBER NOTE: Platts proposes launching Asia metallocene C6 LLDPE assessments

Platts plans to assess CFR China, CFR Southeast Asia, CFR South Asia metallocene C6 linear low density polyethylene prices on a weekly basis.

The proposed assessment methodology for metallocene C6 LLDPE is as follows:

Assessment window: Weekly assessments of metallocene C6 LLDPE based on latest information sourced from the market up to the close of the assessment window at 4:30 pm Singapore time (0830 GMT) on Wednesday.

Timing: Cargoes for delivery 15-30 days forward from date of publication.

Basis and locations: CFR China: Shanghai, Ningbo, Xiamen, Shenzhen, Huangpu, Guangzhou, Xingang and Qingdao, Shantou, Tianjin; CFR South East Asia: Indonesia (Jakarta, Surabaya), Singapore, Philippines (Manila Bay), Malaysia (Port Klang),Thailand (Map Tap Phut, Laem Chabang), Vietnam (Ho Chi Minh); CFR South Asia: India (Kolkata, Chennai, Mumbai, Nhava Sheva), Pakistan (Karachi).

Cargo size: 100-500 mt

Terms and conditions: LC 30-90 days credit terms

Quality specification: 1-Hexene comonomer with a density of 918-940 kg/m3 with a melt flow index between 1.0-4.5

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