Platts proposes to launch daily ethylene oxide spot price assessments

Platts, part of S&P Global Commodity Insights, proposes to launch daily spot price assessments for European ethylene oxide (EO), effective Dec. 1.

The assessments would be based on the latest information sourced from the market up to the close of the assessment process at 4:30 pm UK time on a daily basis.

In the absence of fresh indications, the ethylene oxide spot assessment would take direction from upstream ethylene.

Details of the proposed assessment are as follows:

Product specifications:

Quality: Minimum purity is 99.9% by weight, maximum water content of 70ppm and maximum aldehydes of 40ppm

Laycan: 3-30 days forward from date of assessment

Current month (M1),

Month two (M2)

Currency: Eur/mt

Cargo Size: Minimum 50 mt

Basis and Location: DDP NWE

Mode of transport: Rail

Please send all comments, feedback, and questions to petchems@spglobal.com and pricegroup@spglobal.com by Oct. 28.

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.