Chemicals, Polymers

October 30, 2024

Platts launches weekly European and Asian PBT resin spot assessments

Platts, part of S&P Global Commodity Insights, has launched new DDP Germany and FOB China polybutylene terephthalate (PBT) neat resin weekly price assessments, effective Oct. 30.

A proposal to assess these markets was published on Aug. 22 and can be found here. The subsequent decision to access these markets was published Sept. 13 and can be found here.

The assessments reflect PBT unfilled grades as below.

Basis and location DDP Germany FOB China
Cargo size Minimum 20 mt Minimum 20 mt
Product specification Base resin, IV equal to or less than 1.1 dL/g Base resin, IV equal to or less than 1.1 dL/g
Laycan 3-30 days forward delivery 15-30 days forward loading
Symbol PBTDG00 PBTFC00

The proposed assessments reflect spot values on a weekly basis on Wednesday as of 4:30 pm London time and 4:30 pm Singapore time and follow the London and Singapore publishing calendars, respectively.

The new assessments are published on Platts Connect and in 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 comments not marked as confidential available upon request.