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30 Sep 2020 | 06:46 UTC — Singapore
Following market feedback, S&P Global Platts will discontinue its toluene CFR Taiwan LC 0-30 days assessment effective Jan. 4, 2021.
Platts first proposed discontinuing the assessment in a subscriber note published Sept. 11: http://plts.co/zbgS30rc4wO
Platts has observed a significant decline in spot volumes, the number of physical bids, offers and trades heard on a CFR Taiwan basis over the last few years. The slowdown in liquidity also follows Taiwan turning into a net toluene exporter in 2014 as domestic demand falls.
The assessments to be discontinued are:
Assessment name Code
CFR Taiwan LC 0-30 days $/mt PHAFQ00
Toluene CFR Taiwan $/mt monthly average PHBGW03
These assessments are currently published in the Asian Petrochemicalscan, on Platts Petrochemical Alert fixed pages 235, 326 and 436 in the Platts price database under the price database codes above.
Please submit any feedback, comments or questions to pricegroup@spglobal.com and petchems@spglobal.com
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 to the public upon request.