06 Oct 2017 | 04:14 UTC — Singapore

SUBSCRIBER NOTE: Discontinuation of Asian paraxylene ports

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.

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