Chemicals

October 25, 2024

Platts proposes to launch weekly European, US liquid epoxy resin price assessments

Platts, part of S&P Global Commodity Insights, proposes to launch new duty delivered paid Northwest Europe and US Gulf Coast liquid epoxy resins price assessments, effective Dec. 17.

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

Details of the proposed assessments are as follows:

Basis and Location DDP Northwest Europe DDP USG
Cargo size 20-25 mt Min 20 mt
Laycan 3-30 days forward 3-30 days forward
Colour Transparent, 1 Gardner color scale Transparent, 1 Gardner color scale
UOM Eur/mt Cents/lb

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, in line with regional publication schedules and based on the latest information sourced from the market up to the close of the Market on Close assessment process at 16:30 BST (UK time) and 13:30 CT, respectively.

Simultaneously, Platts has also proposed to start assessing epoxy resin in Asia https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/102424-platts-proposes-to-launch-weekly-fob-northeast-asia-liquid-epoxy-resin-spot-assessment-dec-17.

Please send any comments or feedback by Nov. 14 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.