11 Aug 2017 | 12:27 UTC — Singapore

SUBSCRIBER NOTE: Platts clarifies Asian PX any origin standard

S&P Global Platts clarifies that its Asia PX CFR Taiwan/China assessment reflects the delivery of PX of any origin in line with market conventions which includes Asian and open-origin.

Platts may take into consideration for assessment purposes bids, offers and transactions of any and all origins, which have been published during the assessment process.

In addition, Platts may not publish indications to trade which are deemed restrictive in nature, particularly bids for delivery into ports/terminals which cannot physically receive vessels above 10,000 dwt.

Platts will normalize bids, offers or trades, using prevailing market differentials, to reflect its published standard.

Please direct any questions or comments to petchems@spglobal.com, with a copy to pricemethodology@spglobal.com.

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 these comments available on request.