Chemicals, Polymers, Aromatics

February 29, 2024

Platts to launch daily Northwest Europe, India polyols and isocyanates spot assessments

Platts, part of S&P Global Commodity Insights, will launch daily polyols and isocyanates spot assessments, for India and Northwest Europe, effective on April 1 and April 2, 2024, respectively.

Platts would assess T80 grade toluene diisocyanate (TDI) and conventional polyether polyols on DDP Northwest Europe basis as well as slabstock polyols and polymeric methylenediphenyl diisocyanate (PMDI) CFR India basis.

Details of the assessments are as follows:

Polyols:

Product Slabstock Polyols Conventional Polyether Polyols
Laycan Delivered 30-45 days forward Delivered 3-30 days forward
Basis and location CFR India (Kandla, Nhava Sheva) DDP Northwest Europe
Cargo size 500 mt-2000 mt 20-24 mt
Credit terms L/C 60 days As per market standard
UOM USD/mt Eur/mt
Product specification Molecular weight of 3000-3500 g/mol Molecular weight of 3000-3500 g/mol
Timestamp 1630 Singapore time 1630 London time
Symbols CPOLA01 CPOLE01

Isocyanate:

Product Polymeric Methylenediphenyl Diisocyanate (PMDI) Toluene Diisocyanate (TDI)
Laycan Delivered 30-45 days forward Delivered 3-30 days forward
Basis and location CFR India (Kandla, Nhava Sheva) DDP Northwest Europe
Cargo size 100 mt-500 mt 20-24 mt
Credit terms L/C 60 days As per market standard
UOM USD/mt Eur/mt
Product specification Isocyanate(NCO) content: 30.4-32% T80 grade with min 99.5% purity,
Isomer content in 2,4 at 79-81%, and in 2,6 at 19-21%
Timestamp 1630 Singapore time 1630 London time
Symbols CMDIA01 CTDIA01

Pricing information for materials with other specifications and terms deviating from the abovementioned parameters may be normalized accordingly.

The assessments would be based on all information sourced from the market up to the close of the day, including firm bids and offers, trades and indicative values, as well as any other data deemed relevant to the assessment process.

Please send all comments, feedback, and questions 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. Platts will consider all comments received and will make comments not marked as confidential available upon request.