SUBSCRIBER NOTE: Platts methanol CFR India delivery laycan to remain at 20-40 days

Following extensive discussions with market participants and industry feedback, S&P Global Platts will maintain the CFR India methanol delivery laycan period of 20-40 days.

As highlighted in a clarification note published on August 29, 2018, Platts only publishes bids and offers for the CFR India methanol Market on Close assessment process that represent standard market terms, and whereby there is no inherent optionality that is atypical or would mask the intrinsic value of methanol. Only bids and offers with 10-day delivery dates within the 20-40 day window will be acceptable for publication. The 20-40 day delivery period holds optionality exercisable by the seller which obscures an absolute market value.

The full August note is available here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/082918-cl arification-note-platts-clarifies-methanol-cfr-india-timing-around-delivery-wi ndow

Please send all comments, feedback and questions to Asia_Petchem@spglobal.com and pricegroup@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 upon request.