SUBSCRIBER NOTE: Platts clarifies Asian paraxylene credit terms

After extensive market engagement and feedback,S&P Platts clarifies that terms of payment should reflect standard credit terms as per market practice, as agreed between counterparties.

This clarification follows on from a proposal Platts made in March 2017, and further to a decision Platts made in July 2017 to revise the Asian paraxylene credit terms.

Please direct any questions or comments to petchems@spglobal.com with a copy to pricemethodology@spglobal.com.