Platts to launch a daily DDP Northwest Europe ethylene oxide spot assessment Dec. 1

Platts, part of S&P Global Commodity Insights, will launch daily spot ethylene oxide delivered duty paid Northwest European assessments, effective Dec. 1.

The assessments were first proposed in the subscriber note below:

https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/101623-platts-proposes-to-launch-daily-ethylene-oxide-spot-price-assessments

The new assessment will complement Platts existing ethylene chain coverage.

The daily assessments will be based on the latest information sourced from the market up to the close of the assessment process at 4:30 pm London time.

In the absence of spot pricing information, the daily ethylene oxide spot assessment will take direction from upstream daily ethylene spot assessment.

Details of the assessment will be as follows:

Product specifications:

Quality: minimum purity is 99.9% by weight, maximum water content of 70ppm and maximum aldehydes of 40ppm

Laycans:

3-30days forward from date of assessment

Current month (M1)

Month two (M2)

Currency: Eur/mt

Cargo Size: Minimum 50 mt

Basis and Location: DDP NWE

Mode of transport: Rail

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.