Feedback period extended on proposed NWE, UK net HDPE assessments

Platts is extending the feedback period on its proposal to introduce high density polyethylene net contract prices to December 1, 2011.

Platts is seeking industry feedback on its intention to introduce high density polyethylene net contract price weekly assessments for Northwest Europe and the UK, to be published in Platts Petrochemical Alert and Polymerscan.

The proposed NWE and UK net contract assessments will reflect the following grades of HDPE:injection, blowmolding, film, high molecular weight 2-5 and high molecular weight 5-10. The assessments will refer to regular business in NWE and the UK at prices agreed between buyers and sellers on a monthly basis after discount.

The assessment will be basis Euro/mt for NWE and GBP/mt for the UK and will be published concurrent to the HDPE gross contract price assessments for FD Germany euro/mt and FD UK GBP/mt. Please send any queries or feedback to Ilana Djelal, ilana_djelal@platts.com, petchems@platts.com, with a copy to pricegroup@platts.com, by December 1, 2011.