29 Aug 2018 | 04:44 UTC — Singapore

CLARIFICATION NOTE: Platts clarifies methanol CFR India timing around delivery window

Platts only publishes bid and offers for the methanol MOC in the Singapore Market on Close assessment process that represent standard market terms and whereby there is no inherent optionality that is atypical or would mask the intrinsic value of methanol.

While Platts reflects a 20-40 delivery window in its CFR India methanol assessment, an offer reflecting the full 20-day delivery period holds optionality exercisable by the seller which obscured an absolute market value.

Only bids and offers with 10 day delivery dates within the 20-40 day window will be acceptable for publication, or 20-40 day window offers where the buyer has the optionality to choose the dates.

Please send all comments, feedback and questions to Asia_Petchem@spglobal.com and 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.