Chemicals, Solvents & Intermediates

October 03, 2024

Platts launches new weekly Asia isobutanol CFR China assessment

Platts, part of S&P Global Commodity Insights, has launched a new weekly spot assessments for isobutanol CFR China, published every Thursday, effective Oct. 3.

The new assessment builds on Platts recent expansion of intermediates coverage.

The new assessment was first proposed in a subscriber note published Aug. 21 here, and another subscriber note published on Sept. 5 here.

The new assessment is based on the latest information sourced from the market up to the close of the assessment process at 4:30 pm Singapore time (0830 GMT). It is published in $/mt and follows the Singapore publishing schedule.

Details of the new assessments are as follows:

Basis and location CFR China, basis East China
Timing Delivery 15-30 days forward from the date of publication
Cargo size 100 mt
Terms and conditions Up to L/C 90 days
Product specifications Minimum purity of 99.8%
UOM $/mt

The new assessment is published in Solventswire and on Platts Connect, and databased under the following symbol codes:

Symbol Symbol description
CHINA00 Isobutanol CFR China Weekly
CHINA03 Isobutanol CFR China MAvg

Please send any questions, comments or feedback to petchems@spglobal.com with a copy to pricegroup@spglobal.com.

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