Platts launches daily recycled HDPE film pellets FOB Southeast Asia assessment

S&P Global Platts has launched a new daily recycled high density polyethylene (HDPE) film pellets FOB Southeast Asia assessment on Dec. 9, 2020, to meet growing demand for pricing information in the recycled plastic markets.

The new daily recycled HDPE film pellet FOB Southeast Asia assessment is published in $/mt and reflects cargo sizes of minimum 15 mt for loading 15-30 days forward from the date of publication, from Port Klang in Malaysia, Bangkok in Thailand, Jakarta in Indonesia, Singapore, Batangas in the Philippines and Cat Lai in Vietnam.

Price information on loadings from other ports within Southeast Asia may be taken into consideration and normalized to the basis ports for the assessment.

The assessment also reflects standard market payment terms. Typical market payment terms are on a telegraphic transfer basis, with a 30% deposit and the rest of the payment on arrival.

Platts will take into consideration price information gathered up to the close of the Platts Market on Close assessment process at 4:30 pm Singapore time (0830 GMT).

The assessment follows the Singapore publishing schedule.

The assessment reflects recycled HDPE film pellets clear in color and used for consumer packing applications.

Platts may also take into consideration recycled polyethylene (PE) of other specifications and may normalize price information to the standard specifications reflected for the assessment.

These assessments appear on the Asian Petrochemicalscan, Polymerscan and Platts Petrochemical Alert pages 409, 441, 574, 732, 733, under the following price database symbols:

Assessment Symbol Frequency

Recycled HDPE Clear Film Pellets FOB SE Asia $/mt PHALH00 Daily

Recycled HDPE Clear Film Pellets FOB SE Asia $/mt WAvg PHALH04 Weekly

Recycled HDPE Clear Film Pellets FOB SE Asia $/mt MAvg PHALH03 Monthly

The daily rationale for the daily assessment will be published in PCA page 733, while the weekly commentary will be published every Wednesday in PCA page 732. The weekly average will be published every Wednesday.

Please send any further feedback or questions to petchems@spglobal.com and pricegroup@spglobal.com.

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