SUBSCRIBER NOTE: Platts to change CFR China methanol delivery laycan with effect Dec 3

Following consultation and extensive market feedback, S&P Global Platts has decided to lengthen the delivery laycan reflected in its CFR China methanol assessment, effective December 3, 2018.

Platts currently reflects in its CFR China methanol assessment a delivery laycan of 20-40 days forward from date of publication. Platts will change the delivery laycan to 20-50 days forward, in line with changing market conditions. Only bids and offers with 15-day delivery dates within the 20-50 day window will be acceptable for publication, or 20-50 day window offers where the buyer has the optionality to choose the dates.

Platts remains committed to reflecting delivery laycans that reflect market conditions and is constantly reviewing the existing methodology to ensure its assessments reflect standard traded parameters in a given market.

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 comments 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.