Platts proposes to launch weekly Asian di-ethylene glycol, tri-ethylene glycol ex-tank China domestic assessments Dec 1

Platts, part of S&P Global Commodity Insights, is proposing to launch Asian di-ethylene glycol (DEG) and tri-ethylene glycol (TEG) ex-tank China domestic assessments, effective Dec. 1, 2023.

The proposed assessments will be published in Yuan/mt on a weekly basis, based on the latest information sourced from the market up to the close of the assessment process at 4:30 pm Singapore time (0830 GMT) on Friday.

The proposed DEG and TEG assessments will reflect products with the following specifications:

DEG

Laycan: Cargoes loading 0-10 days forward

Location: Nantong, Taicang, Jiangyin, Zhangjiagang

Basis: Ex-tank Cargo size: 100-500 mt

Credit terms: L/C at sight

Quality: Minimum purity of 99%

UoM: Yuan/mt

TEG

Laycan: Cargoes loading 0-10 days forward

Location: Nantong, Taicang, Jiangyin, Zhangjiagang

Basis: Ex-tank

Cargo size: 20-100 mt

Credit terms: L/C at sight

Quality: Minimum purity of 99%

UoM: Yuan/mt

Pricing information for material with other specifications and terms may be normalized to the proposed standards.

Please send all comments, feedback and questions to petchems@spglobal.com and pricegroup@spglobal.com by Oct. 30, 2023.

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.