Chemicals, Polymers

October 30, 2024

Platts launches weekly Asian POM resin spot assessment Oct 30

Platts, part of S&P Global Commodity Insights, has launched weekly CIF China polyoxymethylene resin price assessment for Asia, effective Oct. 30.

A proposal to assess these markets was originally published Sept. 17 and can be found here. The subsequent decision to assess these markets was published Oct. 2 and can be found here.

The assessment reflects POM copolymer as below:

Basis and location CIF China
Cargo size Minimum 20 metric tons
Product specification Melt flow rate (MFR) 9 g/10 min
Laycan 7-21 days forward delivery
Weekly assessment symbol POMCO00
Monthly average symbol POMCO03

The assessment reflects spot values on a weekly basis on Wednesday as of 4:30 pm Singapore time and follows the Singapore publishing calendar.

The new assessment will be published on Platts Connect and Polymerscan.

Please send any questions, comments or feedback to petchems@spglobal.com and 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 those not marked as confidential available upon request.