SUBSCRIBER NOTE: Platts to launch Mexico City HDPE film assessment, lower volumes

After a period of feedback from the market, S&P Global Platts will launch a delivered Mexico City high-density polyethylene film spot assessment on a weekly basis from November 1, 2017 to capture growing market liquidity.

The assessment will reflect the prevailing market price at 1:30 pm US Central time each Wednesday.

Assessments will be made in US dollars/mt, and also published in Mexican pesos/mt based on the conversion rate at Platts' Market on Close.

Basis and location specifications are for domestic prices and are for HDPE film with a melt flow rate of 0.06 and higher delivered by rail car, and reflect a delivered Mexico City price. In the absence of rail car pricing indications, resin delivered through bag by truck also will be considered.

Assessments reflect volumes between 100 mt and 300 mt.

Mexico assessments are for material delivered three to 30 days out, with credit of 90 days.

In addition, Platts will update the volume for all domestic Mexico polyethylene assessments -- HDPE blowmolding, HDPE injection, LLDPE butene and LLDPE -- to 100-300/mt.

Please direct any questions or comments to petchems@platts.com with a copy to pricegroup@platts.com. 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 these comments available on request.