Platts discontinues origin spreads for Asian PX

Platts, part of S&P Global Commodity Insights, has discontinued the publication of the Month 1 and Month 2 Asia/open origin spread assessments for Asia paraxylene CFR Taiwan/China effective April 1, 2024.

The discontinuation follows the launch of the updated methodology for its Asian PX CFR Taiwan/China benchmark assessments, effective Jan. 2, 2024, in a subscriber note available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/010224-platts-updates-asia-px-benchmark-assessments-effective-jan-2-2024

Platts also announced a further update to the Asian PX CFR Taiwan/China benchmark assessments effective March 11 via a subscriber note available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/031124-platts-updates-asian-px-assessment-specifications

Platts announced the discontinuation of the Asia/open origin spreads via a subscriber note published Dec. 22, 2023, available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/122223-platts-to-discontinue-origin-spreads-for-asian-px

These spread assessments were published under the following price database codes: APARA00 and APARB00

As previously communicated, Platts started publishing near haul/long haul price spreads for Asian Paraxylene CFR Taiwan/China, with effect from Jan. 2, 2024. These spread assessments are published under the following price database codes:

Description Symbol

Paraxylene CFR Taiwan/China Near Haul-Long Haul Spread Mo01 $/mt AAUBA00

Paraxylene CFR Taiwan/China Near Haul-Long Haul Spread Mo02 $/mt AAUBB00

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