SUBSCRIBER NOTE: S&P Global Platts begins delivered Mexico City HDPE, LDPE, LLDPE assessments

Following a period of feedback after a formal proposal published July 18, 2016, as well as a previous public consultation and review period, S&P Global Platts is launching delivered Mexico City high-density polyethylene, linear low-density butene polyethylene, and low-density polyethylene spot assessments on a weekly basis beginning September 7, 2016, to capture growing market liquidity.

Basis and location specifications are for domestic prices in US dollars, and will also be published in pesos/mt, and are for material delivered by a railcar 3-30 days out and reflect a delivered Mexico City price. In the absence of rail car pricing indications, resin delivered via bag by truck also will be considered.

Specifications for the PE grades are: LDPE with a melt flow index of 1.8-2.5; LLDPE butene-1 grade with a melt flow rate of around 1.0; HDPE Blowmolding grade with a melt flow rate 0.25 and higher; and HDPE injection grade with a melt flow rate of 2.0-25, with the majority of business focused on crate grade material with a melt flow index between 5-11.

All of Platts Mexico domestic polyethylene price assessments for spot HDPE Blowmolding grade (AABMD04), HDPE injection grade (AAIJM04), LLDPE butene-1 grade (ALDPE04) and LDPE general purpose grade (ALDPD04) will appear on PCA 245, PCA 246 and PCA 463. LDPE assessments will also appear on PCA 267. LLDPE assessments also will appear on PCA 271. HDPE assessments also will appear on PCA 275.

Please direct any questions or comments to petchems@platts.com with a copy to pricegroup@platts.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.