Platts proposes to discontinue weekly US PA price assessment

Platts, part of S&P Global Commodity Insights, proposes to discontinue the weekly price assessment for US Gulf Coast spot phthalic anhydride effective July 14, 2023, in light of a lack of spot market liquidity.

Platts understands that PA pricing in the US typically follows monthly contract movements for feedstock orthoxylene and that spot liquidity for PA is low. As part of the discontinuation, Platts will continue to provide insight into the spot PA market as part of its OX market coverage.

The PA assessment is currently published in Solventswire, Platts Dimensions Pro and Platts Market Center, as well as in the Price point database under the following symbols:

Please send any questions, comments or feedback to petchems@spglobal.com and pricegroup@spglobal.com by April 28, 2023. 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.