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Asian paraxylene methodology explained

With Gustav Holmvik and Ng Baoying

January 22, 2016 05:33:00 EST (5:09)

To capture more forward trading activity and to better reflect bids for Asian paraxylene, Platts has moved to change its PX methodology and assessment from January 4, 2016. Platts editors Gustav Holmvik and Ng Baoying explain how the marker is now being calculated using the average of three half months.

We would appreciate your feedback on this methodology change. Please send your feedback to: petchems@platts.com.

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Platts 2016 Petrochemical Outlook Webinar
Live webinar time: 2 p.m. SGT| Thursday, January 28 | Online
Platts 2016 Petrochemical Outlook Webinar
As we enter into 2016, what lies ahead for the Asian petrochemical industry, within the olefins, polymers and aromatics markets?

Join us for this month's webinar series as we discuss the key issues affecting Asia's PX and PTA markets, as well as a look at the wider Asian petrochemical markets.




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