October 24, 2024

Platts proposes to launch weekly FOB Northeast Asia liquid epoxy resin spot assessment Dec 17

Platts, part of S&P Global Commodity Insights, proposes to launch new FOB Northeast Asia liquid epoxy resin price assessment, effective Dec. 17

The proposed assessment will complement Platts existing coverage of the upstream acetone, phenol and bisphenol-A markets.

Details of the proposed assessment are as follows:

Product Liquid Epoxy Resin
Basis and Location FOB Northeast Asia
Ports

South Korea: Busan, Kwang Yang, Yeosu

Taiwan: Kaohsiung, Taichung
Cargo size Min. 20 mt
Laycan 15-30 days forward
Color Transparent, <1 on the Gardner Color Scale
Payment terms TT 30 days
UOM $/mt

Pricing information with terms, locations, and specifications different from the above standard may be considered for assessment purposes, subject to normalization.

The new assessments would be published on a weekly basis every Tuesday, following the Singapore publication schedule, and would be based on the latest information sourced from the market up to the close of the Market on Close assessment process at 16:30 Singapore time.

Please send any comments or feedback by Nov. 18 to petchems@spglobal.com and pricegroup@spglobal.com.

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.