SUBSCRIBER NOTE: Platts extends feedback period on proposal to revise Asian Benzene CFR China berth size to Sep 13

S&P Global Platts is extending the feedback period on its proposal that information around trading activity at berths in ports with specific restrictions and/or implied optionality may no longer form part of the CFR China Asia Benzene assessment process.

Platts is also updating the proposed launch date to November 1, 2019.

Platts first proposed this in a subscriber note dated August 20, 2019: http://plts.co/UX4r30ptIcy

Platts is proposing that terminals that cannot receive vessels larger than 5,000 deadweight tons may be deemed restrictive and excluded from the assessment process. The volume standard for assessment will remain 3,000 mt.

Platts clarifies that Jiangyin, Ningbo, Changzhou and Caojing remain basis ports for the CFR China marker.

Please direct any questions or comments to petchems@spglobal.com, with a copy to pricemethodology@spglobal.com by September 13, 2019.

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.