November 19, 2024

Platts to launch weekly FOB Northeast Asia liquid Epoxy Resins assessment

Platts, part of S&P Global Commodity Insights, will launch a new FOB Northeast Asia liquid epoxy resins price assessment, effective Dec. 17.

The assessment was first proposed on Oct. 24 in a note that can be found here.

The assessment will complement Platts' existing propositions to expand on coverage of the upstream acetone, phenol and bisphenol-a [BPA] markets.

Details of the assessment are as follows:

Product Liquid Epoxy Resin
Basis and Location FOB Northeast Asia
Ports

Korea: Busan, Kwangsang, Yeosu

Taiwan: Kaohsiung, Taichung

Cargo size min 20 mt
Laycan 15-30 days forward
Color Transparent, <1 Gardner
Payment terms TT 30 days
UOM $/mt

Pricing information with terms, locations, and specifications different from the above standard may be considered for assessment purposes, subject to normalization.

The new assessments will be published on a weekly basis every Tuesday, in line with the Singapore publication schedule and will be based on the latest information sourced from the market up to the close of the Market on Close assessment process at 16:30 Singapore time.

The weekly assessment will appear in Platts Solventswire and on Platts Connect .

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

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and make comments not marked as confidential available upon request.