SUBSCRIBER NOTE: Platts launches domestic Brazil HDPE, LDPE, LLDPE assessments

Following a period of feedback after a formal proposal published August 9, 2016, as well as a previous public consultation and review period, S&P Global Platts has decided to launch weekly Brazil domestic spot polyethylene price assessments for high density polyethylene, linear low-density butene polyethylene and low-density polyethylene. Assessments will launch October 19, 2016 and are for delivery in South and Southeastern Brazil by truck for the specifications below, in BRL/mt and USD/mt.

Specifications for the polyethylene grades are: LDPE with a melt flow index of 1.8-2.5; LLDPE butene-1 grade with a melt flow rate of around 1.0; HDPE grades are HDPE film, blowmolding and injection -- HDPE blowmolding and HDPE film grade with a melt flow rate 0.25 and higher; HDPE injection grade with a melt flow rate of 2.0-25.

Prices are for resin delivered three-30 days from date of publication in South-Southeast Brazil and do not include taxes. Cargo sizes are for a 500-1,500-mt/month or 16-50 mt/day buyer with letter of credit of 28-35 days. For deals with issuance of greater than 35 days, the value of the credit will be factored out for price assessment. Prices will be reported in Brazilian Reals and US dollars. Assessments reflect prices at 1:30 p.m. CST each Wednesday.

All of Platts Brazil domestic polyethylene price assessments for spot HDPE injection grade (AABMJ04 for Reals and AABMI04 for dollars), HDPE blowmolding grade (AABMH04 and AABMG04), HDPE film grade (AABMF04 and AABME04), LLDPE butene-1 grade (AABML04 and AABMK04) and LDPE general purpose grade (AABMN04 and AABMM04) will appear on PCA 245, PCA 246 and PCA 463. LDPE assessments will also appear on PCA 267. LLDPE assessments also will appear on PCA 271. HDPE assessments also will appear on PCA 275.

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 intended for publication by Platts for public viewing. Platts will consider all comments received and will make these comments available on request.