Platts to discontinue NWE PS gross price

Following a period inviting market feedback, Platts plans to discontinue its European gross contract price assessments for general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) effective June 27, 2012.

The proposed discontinuation will impact the assessments listed below with their respective Oracle codes:

GPPS Currency Oracle codes

FD Germany Eur/mt HPAMO00

FD Holland Eur/mt HPAMP00

FD Italy Eur/mt HPAMQ00

FD France Eur/mt HPAMR00

FD Britain Eur/mt PHAMS00

FD Spain Eur/mt HPAWL04

FD NWE CP $/mt PHAIJ00

HIPS Currency Oracle codes

FD Germany Eur/mt HPAMT00

FD Holland Eur/mt HPAMU00

FD Italy Eur/mt HPAMV00

FD France Eur/mt HPAMW00

FD Britain Eur/mt PHAMX00

FD Spain Eur/mt HPAWN04

FD NWE CP $/mt PHAIP00

These assessments are currently published on PCA 276, PCA 263 and Platts Polymerscan.

The discontinuation follows the introduction of the free-delivered net contract price assessments for northwest Europe general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) on September 1, 2010.

For further queries and feedback please contact Ilana Djelal, ilana_djelal@platts.com,petchems@platts.com, with a copy to pricegroup@platts.com.