Chemicals, Polymers
December 02, 2025
Platts proposes to launch daily polypropylene raffia FOB China assessment
Platts, part of S&P Global Energy, proposes to launch a new daily polypropylene (PP) raffia grade FOB China assessment, effective Feb. 2, 2026, in view of additional capacities and growing export volumes from China.
Details of the proposed assessment are as follows:
| Incoterm | FOB China |
| Delivery Period | 7-21 days |
| Basis Location | East China major ports, including but not limited to Shanghai and Ningbo |
| Cargo size | 100-500mt |
| Credit terms | LC 30 days |
| Quality specifications | Raffia around MFR 2.5-4 |
Platts is also seeking additional feedback on the port basis locations, specifically on major east China river ports such as Nanjing and Jiangyin and their logistical and pricing differences to major east China sea ports.
The proposed assessment would be published daily and be based on the latest information sourced from the market up to the close of the assessment process at 4:30 pm Singapore time (0830 GMT). It would be published in $/mt and follow the Singapore publishing schedule.
The assessment would be published on PCA282, PCA965, PCA573, PCA462, Platts Connect, Platts Market Center, in Asian Petrochemicalscan and Polymerscan.
Please send all feedback, comments and questions to petchems@spglobal.com and pricegroup@spglobal.com by Dec. 22, 2025.
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.