Feedback sought for proposed paraxylene spot assessment

Platts seeks feedback from industry participants on its proposal to introduce a daily paraxylene spot assessment CIF Northwest Europe (basis Amsterdam-Rotterdam-Antwerp).

Following recent discussions with several participants, imported PX cargoes are traded on a CIF ship-to-ship basis with buyer's option on delivery dates, seller paying the transfer costs.

The cargo size will reflect products traded between 3,000 mt to 5,000 mt lots.

Please provide feedback to Mark Selby at mark_selby@platts.com, telephone: +44-207176 6126, copy ilana_djelal@platts.com and pricegroup@platts.com by November 26, 2010.