Platts to launch monthly industry-settled deltas for domestic PE and PVC contracts

Platts, part of S&P Global Commodity Insights, will launch monthly industry-settled deltas for the domestic contract polyethylene and PVC markets, effective Oct. 1.

The delta settlements were first proposed in the subscriber note, available here.

These industry settlements, in cents/lb, will complement the FAS Houston PE and PVC spot assessments and continue Platts coverage of the domestic US markets.

The settlements will be published and databased to the first day of the month, when Platts has information that a contract settlement for the respective month has been reached.

For example, the discussions about the contract price changes from July to August would normally conclude by Sept. 10. Once the confirmation of these settlements is received, Platts would database them against Aug. 1.

The settlements will be published on Polymerscan, Platts Connect and Platts Petrochemical Alert.

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

For written comments, please provide a clear indication if they 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.