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About Commodity Insights
01 Nov 2017 | 05:20 UTC — Singapore
S&P Global Platts will discontinue reflecting in its assessment for Asian paraxylene, under the section Basis and Locations, the following ports: Kaohsiung, Shanghai, Xiamen and Zhuhai, from November 24, 2017.
Platts will continue to reflect in its Asian PX assessment the remaining locations included in the Asian PX methodology as FOB Korea (Ulsan, Onsan, Daesan, Yeosu); CFR Taiwan/China (standard Taiwan ports, Ningbo, Dalian); and CFR Southeast Asia (Indonesian ports Merak and Jakarta, Malaysian port Kuantan, and Thai port Map Ta Phut).
The decision follows an extensive consultation with the market on feedback that spot trading activity in these locations have declined.
Please direct any questions or comments to petchems@spglobal.com, with a copy to pricemethodology@spglobal.com.
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 these comments available on request.