27 Aug 2018 | 09:59 UTC — Singapore

SUBSCRIBER NOTE: Platts launches East China, Shandong propylene assessments Aug 27

S&P Global Platts is launching two daily domestic China assessments with effect from August 27, 2018. The new propylene assessments will reflect trade activity in East China as well as Shandong, China and will capture increases in trade flows in the local market.

The assessments will reflect domestic cargoes assessed in Yuan, 0-10 days forward from the date of publication. The cargo size of the assessment is 100-500 mt and Platts will assess cargoes with quality specifications conforming to the Polymer grade with minimum purity of 99.6%.Payment terms are assessed at-sight basis with cash payment or standard payment terms to apply.

Prices will be based on latest information sourced from the market up to the close of the assessment window at 4:30 pm Singapore time (0830 GMT) daily

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 intended for publication by Platts for public viewing. Platts will consider all comments received and will make these comments available on request.