SUBSCRIBER NOTE: Platts proposes launch of Asia Benzene CFR China assessments

Platts plans to assess CFR China benzene price assessments on a daily basis with effect from November 27, 2015.

The proposed assessment methodology for the CFR China assessment basis is as follows:

Assessment window: Daily assessments CFR China (CFR China LC 90 days) based on latest information sourced from the market up to close of the assessment window at 4:30 pm Singapore time (0830 GMT). Timing: Cargoes for delivery 20-40 days forward from date of publication. Basis and locations: CFR China: Caojing; Ningbo; Jiangyin, Changzhou, Taizhou, Zhangjiagang. Cargo size: 3,000 mt Terms and conditions: LC 90 days credit terms Quality specification: ASTM D-2359

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