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Chemicals, Olefins
September 26, 2025
Platts, part of S&P Global Commodity Insights, has launched a new weekly butene-1 assessment for Southeast Asia, effective Sept. 26, 2025.
The assessment complements Platts existing coverage of ethylene and polyethylene markets in Asia and builds on the existing coverage of linear alpha-olefins in the US.
Platts assesses the CFR Southeast Asia butene-1 as a cash differential to the Platts C+F Japan naphtha assessment (Mean of Platts Japan, or MOPJ). Cash differential, also known as premium or discount, represents the price counterparties trade against the benchmark values published.
The new assessment reflects the following parameters and terms:
| Basis and Location | CFR Southeast Asia |
| Cargo size | 1kt-2kt |
| Laycan | Delivery 20-40 days forward from the day of publication |
| UoM | US Dollar/mt |
| Specifications | Liquified Gas Min 99% purity |
| Transportation | Pressurized vessel |
Market information for products with other specifications and non-standard terms may be considered for the assessment and may be subject to normalization to the standard specifications and terms.
The new assessment is published in Olefinscan , in Platts database and on Platts Connect under the following symbols and description.
| Description | Symbol | Mavg |
| Butene-1 CFR SE Asia Cash Differential $/mt Weekly | BENSE04 | BENSE03 |
| Butene-1 CFR SE Asia $/mt Weekly | BENSF04 | BENSF03 |
The new assessment was first proposed in a subscriber note published on July 24 , 2025 and available here. The communication to launch the assessment was published on Aug. 29, 2025 and the subscriber note can be found here.
Please send all feedback, comments 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.