Platts proposes phenol DDP NWE contract price assessments

Platts, part of S&P Global Energy, is proposing to launch new phenol contract price assessments expressed as a premium over benzene and an outright value, effective April 21, 2026.

The proposed assessments would complement Platts' existing weekly phenol spot assessments, databased under the codes APHEA00, HPAGF00, and PHAGG00.

The proposed premium would represent the quarterly adder, bilaterally negotiated by sellers and medium-sized buyers, and would be updated at the start of the settlement quarter once Platts has obtained sufficient information.

The outright value would be databased on a monthly basis and calculated as a sum of the quarterly adder and the relevant month's benzene contract price (AAKJB00).

The proposed assessments would reflect the following specifications:

The European phenol price assessments can be found in the Platts Solventswire, and on S&P Global Energy Core and Platts Petrochemical Alert pages 378 and 447, accompanied by a weekly commentary published on Tuesday.

Please send any questions or comments to petchems@spglobal.com and pricegroup@spglobal.com by March 12, 2026.

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.