Platts proposes changes to European glycols location, domestic cargo size specifications

S&P Global Platts is proposing changes to its Northwest European monoethylene glycol (MEG) and diethylene glycol (DEG) spot assessment specifications, effective Jan. 14, 2022, in order to better reflect standard market practices.

Platts is proposing to narrow the location for its FCA and CIF MEG and FCA DEG spot assessments from NWE to Amsterdam- Rotterdam- Antwerp (ARA), basis Antwerp.

Platts is also proposing to change the minimum volume for its domestic FCA and FD assessments to 25 mt, and to introduce a maximum volume of 100 mt.

The proposed location and cargo size changes would affect the following assessments:

MEG: FCA NWE: AAUWW00, AAUWW10, AAUWW13, AAUWW03

DEG: FCA NWE: AAXCX00, AAXCX03

The proposed location change would affect the following assessments:

MEG: CIF NWE: AAUWV00, PHAJL00, AAUWV03, PHBDE03

In addition, the proposed cargo size change would affect the following FD assessments:

MEG: FD NWE: HPAJK00, HPAJK10, HPBDD03, HPAJK13

DEG: FD NWE: AAXCY00, AAXCY03

Platts MEG and DEG assessments are published on Petrochemical Alert pages PCA304 and PCA820 respectively, as well as on PCA236, in Olefinscan, Platts Platform, Platts Market Center and in Platts price database.

Please send all comments, feedback and questions to petchems@spglobal.com.

Please send any questions, comments or feedback by Nov. 30, 2021 to petchems@spglobal.com with a copy to 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.