Platts launches weekly CIF ARA LLDPE C4 spot price assessment

Platts, part of S&P Global Energy, has launched weekly CIF ARA spot assessments for linear low density polyethylene C4, effective Sept. 23.

The new assessments provide greater transparency into the growing European polyethylene import market and complement the existing domestic European polyethylene price assessments.

Details of the assessments are as follows:

Product Grade	LLDPE C4
Symbol	ELCAW04, ELCAW03 (Monthly Average)
Basis and location	CIF ARA
Cargo size	Min. 100 mt - Max. 500 mt
Laycan (Delivery)	15-45 days forward
Currency/Unit of Measure	$/mt
Quality	MFI 0.8-1.0, Density 918-925

The assessments take into consideration price information gathered up to the close of the assessment process at 4.30 pm Wednesday London time, including firm bids and offers, trades and indicative values, as well as any other data deemed relevant to the assessment process.

The weekly assessment appears alongside the existing weekly commentaries and rationales for European polyethylene in Polymerscan and on S&P Global Energy Core, as well as on fixed page PCA0239.

Please send all comments, feedback and questions to pricegroup@spglobal.com and petchems@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 make those not marked as confidential available upon request.