28 Aug 2024 | 15:11 UTC

Platts proposes to remove the fixed premium in European molten phthalic anhydride spot assessments.

Platts, part of S&P Global Commodity Insights, proposes to change the way in which European molten phthalic anhydride spot prices are assessed, effective Oct. 31, 2024.

Under the current proposal Platts would remove the existing fixed premium of Eur250/mt over the PA flake FD NWE spot assessment.

The proposed change takes into consideration market feedback that the relationship between the molten and the flake markets is more dynamic.

The affected assessment is databased under the following codes:

Product Symbol Incoterm Currency

PA Molten HPAPY00 FD NWE EUR/MT

Please send all feedback, comments, and questions by Sept.13 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.