S&P Global Platts has launched an assessment of Recycled-HDPE light pellets in Northwest Europe, effective from January 8, 2020.
This assessment was first proposed in a subscriber note published November 25 and available here: http://ow.ly/BRVQ30q7KlJ
In a decision note published January 3, Platts decided to assess this market on a daily basis. The subscriber note can be found here: http://ow.ly/P3oH30q7KlY
The daily assessment will take into consideration price information gathered up to the close of the assessment process at 4:30 pm London time.
The new assessment has the following specification:
Grade: Extrusion/blow molding, non-food-grade for consumer packaging applications
Color: Light pellet, including light grey or beige. Platts assessments will not reflect natural, opaque, white, black and pre-colored pellets
Basis: Free delivered Northwest Europe
Standard spot cargo size: Minimum 20 mt lots
Symbol: ARHDP00 (daily), ARHDP04 (weekly average), ARHDP03 (monthly average)
The new assessment can be found on Platts Petrochemical Alert on pages PC0571, PC0573, in the Platts price database, on Platts Market Center and in Polymerscan under the symbols listed above.
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