SUBSCRIBER NOTE: Platts to launch CFR Northeast Asia assessment for butadiene

S&P Global Platts will launch a CFR Northeast Asia daily assessment for butadiene in light of market demand for such a price series.

Platts will launch this new assessment to better capture trade flows into the South Korea and Japan markets. The assessment will complement the existing daily FOB Korea and CFR China as well as weekly CFR Taiwan and CFR Southeast Asia price assessments.

The proposed CFR Northeast Asia assessment will not encompass CFR Taiwan or CFR China; these assessments will remain independent and will continue to be assessed and published separately.

The daily assessments take into consideration price information gathered up to the close of the assessment process at 4:30 pm Singapore time (0830 GMT) from Mondays to Fridays.

The CFR Northeast Asia assessment will launch January 2, 2019. Please direct any questions or comments 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.