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Chemicals, Polymers
September 24, 2024
Platts, part of S&P Global Commodity Insights, will discontinue the weekly contract price assessments for US domestic polyvinylchloride, polyethylene terephthalate and polystyrene, effective December 2, in light of a lack of contract market transparency and consistency.
The last publication for the weekly contract price assessments will be November 27.
The discontinuation was first proposed in the subscriber note below:
https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/081924-platts-proposes-to-discontinue-us-pvc-ps-and-pet-domestic-contract-price-assessments
The assessments being discontinued are currently published in Polymerscan, Platts Connect and Platts Market Center, as well as in the Price Point database under the following symbols:
Description | Symbol | $/mt conversion | MAvg | $/mt conversion |
PVC Susp US Domestic Delivered Railcar Weekly | AAGZR00 | AASIX00 | AAGNP00 | AASIX03 |
PS G-P US Domestic dlvd Railcar cts/lb Weekly | AAGZP00 | AASJI00 | AAGNN00 | AASJI03 |
PS HIPS US Domestic Dlvd Railcar cts/lb Weekly | AAGZQ00 | AASJJ00 | AAGNO00 | AASJJ03 |
PET Bottle Grade US Rail CP Weekly | AASMN00 | - | - | - |
Platts will continue to provide market coverage for these products, reporting on industry developments in the form of news and publishing robust spot price assessments (see the list below).
Platts will also continue collecting and publishing heards with any price information pertaining to the contract price negotiations, which might be relevant to market participants.
Description | Symbol | M.Avg |
PVC Susp FAS Houston Weekly $/mt | PHAIT00 | PHBAM03 |
PS G-P FAS Houston Weekly $/mt | PHAIH00 | PHBBK03 |
PS HIPS FAS Houston Weekly $/mt | PHAIN00 | PHBBP03 |
PET Bottle Grade DDP USWC Weekly $/mt | AASMM00 | AASMM03 |
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.