Platts proposes to launch daily PX CFR Taiwan/China derivatives assessments

S&P Global Platts is proposing to launch daily paraxylene CFR Taiwan/China derivatives assessments on Nov. 2, 2020.

The new PX derivatives assessments will reflect transactions of a minimum of 1,000 mt. Platts will publish derivatives assessments for six forward months from the month of publication, and will roll over on the first business day of the calendar month. These derivatives settle on the average of the physical Platts paraxylene CFR Taiwan/China marker (price database code AAQNE00).

Platts will take into consideration the latest information sourced from the market up to the close of the assessment period at 4:30 pm Singapore time (0830 GMT) for the new derivatives assessments. These assessments, to be published in $/mt, will roll on the first business day of the calendar month.

Please send all feedback, comments or questions to petchems@spglobal.com and pricegroup@spglobal.com by Sept. 25.

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 these comments available on request.