Platts proposes to discontinue US $/mt conversion for ex-tank India methanol assessment

Platts, part of S&P Global Commodity Insights, proposes to stop publishing the daily US $/mt conversion of its ex-tank India methanol price assessment, effective Dec. 18, due to a lack of market relevance.

The conversion, proposed for the discontinuation (Daily: ATANB00, W.Avg: ATANB04, M.Avg: ATANB03), is based on the domestic ex-tank methanol assessment in INR /kg (ATANA00) and the US dollar-Rupees foreign exchange rate (AAFGW00).

Platts would continue publishing its daily methanol India domestic ex-tank INR/kg assessment (ATANA00) that reflects supplies loaded onto road tankers from import terminals at Kandla port in the West Coast of India, 0-15 days forward from the date of publication. This assessment was launched on Sept. 26, 2022.

Please send all comments, feedback, and questions to petchems@spglobal.com and pricegroup@spglobal.com by Oct. 12.

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.