Platts launches daily DDP Northwest Europe ethylene oxide spot assessments Dec. 1

Platts, part of S&P Global Commodity Insights, has launched daily spot ethylene oxide delivered duty paid Northwest European assessments on Dec. 1.

The assessments were first proposed in the subscriber note below:

https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/101623-platts-proposes-to-launch-daily-ethylene-oxide-spot-price-assessments

The new assessments complement Platts existing ethylene chain coverage.

The daily assessments are based on the latest information sourced from the market up to the close of the assessment process at 4:30 pm London time.

In the absence of spot pricing information, the daily ethylene oxide spot assessment will take direction from upstream daily ethylene spot assessment.

Details of the assessment are as follows:

Product specifications:

Quality: minimum purity is 99.9% by weight, maximum water content of 70ppm and maximum aldehydes of 40ppm

Laycans:

3-30 days forward from date of assessment

Current month (M1)

Month two (M2)

Currency: Eur/mt

Cargo Size: Minimum 50 mt

Basis and Location: DDP NWE

Mode of transport: Rail

The new assessments are published in Platts Olefinscan and on Platts Connect.

Please send all 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 will make comments not marked as confidential available upon request.