SUBSCRIBER NOTE: Platts changes weekly CFR India Methanol assessment and MOC from Friday to Wednesday with effect Oct

Following consultation and extensive market feedback, S&P Global Platts has changed the weekly CFR India Methanol assessment and Market on Close (MOC) process from Fridays to Wednesdays with effect from October 3.

The launch date was updated from an earlier proposal, which listed a start date of September 3.

This is to better capture trade flows in the India market and to allow for greater MOC participation of Middle East companies that do not work on Fridays.

The weekly assessments will now take into consideration price information gathered up to the close of the MOC at 4:30 pm Singapore Standard Time, Wednesdays.

The weekly CFR India assessments will continue to be published on page PCA 348 and under the symbol AABAG00.

The weekly Asia Petrochemical Scan (APS) will continue to carry the weekly CFR India prices as these will be published with an asterisk to denote that the assessments were published on Wednesday.

Please direct any questions or comments to petchems@spglobal.com with a copy to pricegroup@spglobal.com For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.