Platts to launch weekly European tri-ethylene glycol spot assessments

Platts, part of S&P Global Commodity Insights, will launch tri-ethylene glycol T2 assessments for Europe, effective Dec. 1, 2023.

The new TEG assessment will complement existing ethylene glycol coverage.

The new assessment will be published in Eur/mt on a weekly basis on Friday or the last working day of the week, based on information received up to16:30 pm London time, and reflect the following specifications:

The TEG assessments will reflect open tri-ethylene glycol specification material with a minimum 99.5% purity and a typical density of 1.122-1.127 g/cm3 or g/ml.

Basis and location: FCA ARA (Amsterdam-Rotterdam-Antwerp) basis Antwerp.

Cargo size: 25-100 mt

Mode of transport: Trucks

Laycan: Three to 30 days forward

Other locations within Northwest Europe may be considered for the assessment and may be normalized to reflect loadings basis ARA.

A weekly commentary and rationale will be published on a Friday within the existing weekly glycols commentary and rationale.

Platts TEG assessments will be published in Olefinscan, Platts Platform, Platts Market Center and in Platts' price database.

Please send any questions, comments or feedback to petchems@spglobal.com with a copy to pricegroup@spglobal.com.

For written comments, please provide a clear indication if they 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.