New US ethylene Petrochemicals Cracker Margin index

Platts plans to introduce, from January 4, 2011, a daily Platts Petrochemicals Cracker Margin (PCM) index based on US feedstocks, to be published on Platts Petrochemical Alert page 544.

The new quotes will reflect the production margin of US ethylene when fed with the basic steam cracker feedstocks ethane, propane, ethane/propane mix (E/P mix), butane and light naphtha.

All assessments will be published in cents/lb, and also converted to $/mt using a conversion factor of 22.04.

The Oracle codes listed below represent the daily US PCM in cents/lb and $/mt.

SYMBOL DESCRIPTION ECMCP00 Ethane Cracker Margin Cts/Lb PCMCP00 Propane Cracker Margin Cts/Lb EPMCP00 E/P Mix Cracker Margin Cts/Lb NBMCP00 N-Butane Cracker Margin Cts/Lb LNMCP00 Lt Naphtha Cracker Margin Cts/Lb ECMDM00 Ethane Cracker Margin USD/Mt PCMDM00 Propane Cracker Margin USD/Mt EPMDM00 E/P Mix Cracker Margin USD/Mt NBMDM00 N-Butane Cracker Margin USD/Mt LNMDM00 Lt Naphtha Cracker Margin USD/Mt

Please direct queries to Ihsan Rahim at ihsan_rahim@platts.com, +1 713 658 3206, copying Shahrin Yatim at shahrin@platts.com, +44-2071766264, and pricegroup@platts.com.