Chemicals, Olefins

October 06, 2023

Platts proposes to launch Americas diethylene, triethylene glycol assessments

Platts, part of S&P Global Commodity Insights, is proposing to launch new weekly Americas DEG and TEG assessments, effective Dec. 1, 2023.

Details of the proposed DEG and TEG assessments are as follows:

DEG TEG
Location US Gulf US Gulf
Basis FOB FOB
Volume 1,000-2,000mt 1,000-2,000mt
Timing 3-30 days forward 3-30 days forward
Purity 99% 99%
UoM cents/lb cents/lb

All market information reported through the week to Platts may be considered and would be published daily, including firm bids and offers, trades, and indicative values, as well as any other data deemed relevant to the assessment process.

The assessments would reflect spot prices at 1:30 pm CST on Fridays and would be published in line with the US publication schedule.

Please send all comments, feedback, and questions by Nov. 3 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.