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About Commodity Insights
06 Oct 2017 | 04:14 UTC — Singapore
S&P Global Platts proposes to discontinue reflecting in its assessment for Asian paraxylene, under the section Basis and Locations, the following ports: Kaohsiung, Shanghai, Xiamen and Zhuhai, from November 24, 2017.
Platts will continue to reflect in its Asian PX assessment the remaining locations included in the Asian PX methodology as FOB Korea (Ulsan, Onsan, Daesan, Yeosu); CFR Taiwan/China (standard Taiwan ports, Ningbo, Dalian); CFR Southeast Asia: Indonesia (Merak, Jakarta), Malaysia (Kuantan), Thailand (Map Ta Phut).
The proposal to discontinue reflecting these ports follows an extensive consultation with the market on feedback that spot trading activity in these locations has declined.
Please direct any questions or comments to petchems@spglobal.com, with a copy to pricemethodology@spglobal.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.