Platts Naphtha Price

96/b, respectively, the lowest we have seen oil prices since 2003. Asian gasoline prices rose Wednesday, after PLATTS ASIA-PACIFIC/ARAB GULF MARKETSCAN NOVEMBER 2, 2011 380 CST and AG-Japan naphtha in $/mt. 28 Feb 2017: Isomer MX prices edge higher in Asia - POLYMERUPDATE. Japan naphtha price The company has scheduled a turnaround at one of its two RFCCs, each with the capacity to produce 350,000 mt/year of propylene, from March 10 to April 17 while its olefins conversion unit will be taken offline from March 10 to April 26, Platts previously reported. Each contract represents 1,000 metric tons. 9 Gasoline Prices p. only click in here and insert the page. A S&P Global Platts survey shows that OPEC production has fallen to its lowest level since March 2015 due to steep production cuts from Saudi Arabia and outages in Libya. platts price for oil products Oil products department The Trading International Industrial Pooya TIIP. All Products Home Active trader. 24, 2019, Platts. Get Naphtha price trend report, market watch report and price comparison report with market watch Report and market analysis only at Fibre2Fashion. Today's Daily European Naphtha (Platts) CIF NWE Swap Futures futures prices with latest news, charts and quotes for ICNG16 Daily European Naphtha (Platts) CIF NWE Swap Futures futures and commodities. 1 Petrochemical industry Petrochemicals constitute a very important segment of world chemicals market, with a share. European Naphtha (Platts) Crack Spread Futures Quotes Globex. 25 Jun 2018: China's Sinopec settles June paraxylene contract price at Yuan 7,460/mt, down Yuan 290/mt from May - PLATTS. Most refined petroleum products are fungible and widely available in large quantities at wholesale prices that are quoted daily in such publications as "Platts Oilgram Price Service" and "Oil Daily". Asian spot naphtha prices are strongly correlated to crude oil prices. "NAPHTHA-PHYSICAL-CARGOES CIF NWE/BASIS ARA-PLATTS EUROPEAN MARKETSCAN" means that the price for a Pricing Date will be that day's Specified Price per metric tonne of naphtha, stated in U. Network with our specialists and your industry colleagues and peers. Elevated iron ore spot prices may see an eventual decline, as iron ore supply normalizes from Brazil, and more scrap is used in China and its industrial output slows, speakers at the Platts Steel Markets Europe conference said. 18 Jan 2017: Polypropylene (PP) unit likely to be shut by PT Polytama - POLYMERUPDATE. Olefins prices tend to track naphtha prices, given that naphtha is the most widely used cracker feedstock worldwide. It is a vital and essential tool for each and every individual, involved in buying and selling of polymers. weak levels w/w. 24, 2019, Platts. View Duncan Webber’s profile on LinkedIn, the world's largest professional community. Crude oil prices were up 8% in May from April and naphtha prices were up 6%. We're the leading independent provider of information and benchmark prices for. In different industries and regions naphtha may also be crude oil or refined products such as kerosene. Naphtha prices are highly correlated with crude oil as it is generally produced during the refining of crude oil. Currently, Platts assesses prices on a delivered basis for a wide range of Japan oil products such as naphtha (also known as mean of Platts Japan or MOPJ), gasoline and kerosene. • Midstream and shipping companies pursued investment projects expecting continued production growth, leading to an infrastructure overbuild. Mediterranean platts, MED platts, Prem Unl 10ppm, Mediterranean Naphtha, Mediterranean Jet aviation fuel, Mediterranean Gasoil 0. In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the “Mid” quotations appearing in the “Platts European Marketscan” under the heading “Northwest Europe cargoes” subheading “CIF NWE/Basis ARA” for “Naphtha” for each business day (as specified below) in the determination period. Chapter 1246 – Japan C&F Naphtha (Platts) Average Price Option 1246101. For each, we provide the date and the type of information in order to give a general idea of these. We offer the following regional Naphtha analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia Naphtha marketplace. Change in 10 ppm gasoil specifications Internationale Standards der Flugzeugbrandbekmpfung 10. European Naphtha (Platts) Crack Spread Futures Quotes Globex. Platts Report: Falling energy prices could challenge profitability of U. RBN Energy is a fundamentals analytics company known for its energy markets consultancy, Backstage Pass services and the renowned Daily Energy Post – the RBN blog RBN Energy | Accelerating energy market analytics through collaboration, networking and alliances. Today's Japan C&F Naphtha (Platts) Swap futures prices with latest news, charts and quotes for JJAF17 Japan C&F Naphtha (Platts) Swap futures and commodities. Formosa, Asia's top naphtha importer, paid a discount of about $5 a tonne to a formula based 50-50 on prices from S&P Global Platts and Oil Price Information Service (OPIS), a unit of consulting. BPCL did not make immediate comment on the issue. has rejected palm oil as an acceptable raw input to produce biodiesel and renewable diesel, which has sent shockwaves through Southeast Asia, the region where much of the oil is exported. The price for the new 0. A S&P Global Platts survey shows that OPEC production has fallen to its lowest level since March 2015 due to steep production cuts from Saudi Arabia and outages in Libya. Shale gas is becoming an increasingly attractive substitute for naphtha in the North America market. 3% from the March 2017 average price of $994. More room for cuts in Saudi Aramco crude prices to Asia: Platts survey. S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. 006 NAPHTHA High Japan $/MT 3. 96/b, respectively, the lowest we have seen oil prices since 2003. Shell has contributed to the introduction of international approaches such as Mean of Platts Arab Gulf (MoPAG) plus Differential pricing, which provides more transparency compared to Posted Airfield pricing," said Peter Mihm, Manager Fuel Procurement, Lufthansa. In different industries and regions naphtha may also be crude oil or refined products such as kerosene. AAYDT00 (FOB) ; AAYDS00 (CIF) ETHANOL (FUEL GRADE) Basis and Locations: Prices are assessed daily on a FOB Rotterdam T2 (duty paid for European origin material) basis in Euro/cubic meters, and CIF NWE T1 (duty unpaid) basis in $/cubic meter. Low cost and abundant ethane from gas production and processing has been a boon for ethylene producers in the Middle East and the U. 35/mt in the week ended July 19, from an average of minus $107. has rejected palm oil as an acceptable raw input to produce biodiesel and renewable diesel, which has sent shockwaves through Southeast Asia, the region where much of the oil is exported. Simon has 5 jobs listed on their profile. Naphtha Price: Get all information on the Price of Naphtha including News, Charts and Realtime Quotes. CIF ARA and FOB NWE. Light Naphtha The light naphtha analysis provides balances for light paraffinic / lean naphtha that is used as a feed for steam. Platts may use additional indications as appropriate including. • Explored elements that effect prices of crude oil, NAPHTHA, gasoline, jet fuel, diesel ,and heating oil Senior Natural Gas Pricing Analyst at S&P Global Platts. ASIA-PACIFIC/ARAB GULF MARKETSCAN The McGraw Hill Companies Volume 31 / Issue 126 / July 2, 2012 Naphtha ($/mt) PAAAA00 978. Platts Jet Fuel Price Index is calculated by Platts using that organization's proprietary daily assessments for Jet Fuel spot prices in the relevant regional centers. NWE petrochemical producers reap benefits of cratering naphtha. Price reporting. Currently, Platts assesses prices on a delivered basis for a wide range of Japan oil products such as naphtha (also known as mean of Platts Japan or MOPJ), gasoline and kerosene. PLATTS GLOBAL PETROCHEMICAL INDEX IN DOLLARS PER METRIC TON The daily price reflected as a monthly average. or questions to [email protected] All Products Home Active trader. NYM) Add to watchlist. BPCL has sold 120,000t of naphtha in deals priced against the mean prices of Argus and price reporting agency Platts' naphtha assessments, since revising its formula price. 3% respectively, according to S&P Global Platts calculations based on latest official. reconsidered its initial proposal where the assessmentdiscount to the equivalent balance-month December was going to reflect the value of naphtha delivered inMediterranean swap. 4 Gasoline News p. Platts Global Petrochemical Index (PGPI) The losses in the petrochemical markets reflected a similar drop in naphtha prices, which also fell 1. 3 LPG News p. 10 a barrel on Wednesday afternoon. This is based on the average price of LPG sold around the UK over the last 10 days. View Simon Forman’s profile on LinkedIn, the world's largest professional community. Global news, analysis and petrochemicals prices from Platts. Ethylene prices in Asia are likely to see a downturn in the near future despite crude-led bullish naphtha feedstock prices, as high naphtha costs drive producers to crack LPG, which gives a higher ethylene yield, as per Platts. Platts' Market-on-Close (MOC) is a price-discovery system designed to yield a price assessment reflective of market values at the close of the typical trading day. The seminar will take place at the Raffles City Convention Centre. POAEE00 2031320323 203180 3190 Cargo gal Cargo mt FOB Naphtha AAXJP00 189310 from CIS 502 at Ashford University. Prices weigh heavily in this consideration, as naphtha producers are now in a purple patch in the region. ADDITION TO APPENDIX 1 OF SGX-DC CLEARING RULES - FINAL SETTLEMENT PRICE Product Balance-of-Month Naphtha CFR Japan Final Settlement Price Cash settlement using the arithmetic average of the remaining assessments of Platts’s daily spot assessments in the contract month (inclusive of the current Business Day), rounded to three decimal places. CIF ARA price, FOB NWE price, Gasoline 10ppm price, Jet Fuel price, VGO- Low price, D6 price You can see in this page, tables of Northwest Europe Platts (NWE). We need you to answer this question! If you know the answer to this question, please register to join our limited beta program and start the. MOPS (short for the Mean of Platts Singapore) is the average of a set of Singapore-based oil product price assessments published by Platts, a global energy, petrochemicals, metals and agriculture information provider and a division of McGraw Hill Financial. The market price for crude oil and naphtha feedstocks will likely rise as crude runs increase to meet rising demand for distillate bunker fuels. The CFR Japan naphtha crack spread surged above the $50/mt mark Thursday, to hit a year-to-date high of $52. Platts Global Petrochemical Index (PGPI) The losses in the petrochemical markets reflected a similar drop in naphtha prices, which also fell 1. Chinese commodity prices softened over September and into the first half of October, while economic data was mixed over the same period. The reference price will be a price in USD and cents per metric tonne equal to the final settlement price of the Platts Naphtha CIF NWE Cargoes Swap Future for the contract month. Today's Japan C&F Naphtha (Platts) Swap futures prices with latest news, charts and quotes for JJAF17 Japan C&F Naphtha (Platts) Swap futures and commodities. RBN Energy is a fundamentals analytics company known for its energy markets consultancy, Backstage Pass services and the renowned Daily Energy Post – the RBN blog RBN Energy | Accelerating energy market analytics through collaboration, networking and alliances. The outright distillate prices for cargoes and barges will be calculated using Platts' assessments of fixed price values at 16:30 London time as usual. NS is revising the formula it uses to price naphtha exports to include the mean prices from Argus Media instead of only relying on S&P Global Platts, a tender document showed. How do petrol and naphtha prices relate to the crude oil. More information about the price reports we publish on Naphtha Independent price assessments and market coverage. Mixtures labelled naphtha have been produced from natural gas condensates, petroleum distillates, and the distillation of coal tar and peat. 2 LPG Prices p. 51 per metric ton (/mt), according to the just-released monthly average of the S&P Global Platts Petrochemical Index (PGPI), a benchmark of seven widely used petrochemicals. More information about the price reports we publish on Naphtha. 30 May 2017: Japan's Mitsui Chemicals to ramp up Singapore PE plant rates to 100% in 2020-21 - PLATTS. 5% sulfur marine fuel will likely be somewhere between a blend of gasoil with 1% sulfur fuel oil, and marine gasoil. At S&P Global Platts, we provide the market insights so you can make better informed trading and business decisions. These assessments are published on Platts Global Alert pages 26, 34, and 338, Platts BioFuels Alert page 760, in US Marketscan, North American Crude and Products Scan, Platts Oilgram Price Report, and in the Platts assessment database under codes AAKWL00 for US Gulf Coast heavy naphtha cargo, and PAAAC00 for US Gulf Coast full range naphtha cargo. China s apparent demand for gasoline edged up 1% year on year in March and for LPG and naphtha fell 2. NAPHTHA Carib Cargo $/MT 3. 18 Jan 2017: Benzene prices in Asia inch higher - POLYMERUPDATE. Published 14 June 2019. The price for the new 0. naphtha demand sectors, including production of gasoline, solvents, aromatics, olefins, methane, syngas and burning for energy. PETROCHEMICALS. Singapore Commodity Market Insights Forum is a great way to stay informed and connect with your industry peers. 1% or $9 per. Since then we have seen prices rise and hover around the $30/b level. Increased refinery runs may grow the supply of naphtha - a key petrochemical feedstock - by as much as 150,000 b/d globally in 2020, according to S&P Global Platts Analytics. Platts has reported that Northwest European petrochemical companies have abandoned propane for naphtha as a feedstock. "NAPHTHA-PHYSICAL-CARGOES CIF NWE/BASIS ARA-PLATTS EUROPEAN MARKETSCAN" means that the price for a Pricing Date will be that day's Specified Price per metric tonne of naphtha, stated in U. Naphtha & LPG Conference. Find information for European Naphtha Cargoes CIF NWE (Platts) Margins provided by CME Group. com, 3rd June 2019. 735 at 15ºC and a minimum paraffins content of 65 pct. 51 per metric ton (/mt), according to the just-released monthly average of the S&P Global Platts Petrochemical Index (PGPI), a benchmark of seven widely used petrochemicals. She rejoined Platts in Houston in November 2015 after she had worked for the company first in London in the late 1980s and later in Singapore from 1993-1995, reporting on naphtha, fuel oil, and bunker spot prices and markets. S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. PLATTS GLOBAL PETROCHEMICAL INDEX IN DOLLARS PER METRIC TON The daily price reflected as a monthly average. But refiners maximizing middle distillate production will deliver tighter gasoline supply, which should deliver a net draw on naphtha into gasoline blending and away. We offer the following regional Naphtha analysis and news coverage to keep you informed of factors and developments affecting prices in the Europe Naphtha marketplace. Naphtha is a flammable hydrocarbon liquid used in distillation processes of crude oils. For higher number of lags. Saudi Aramco Products Trading. not vice versa. 30 May 2017: Japan's Mitsui Chemicals to ramp up Singapore PE plant rates to 100% in 2020-21 - PLATTS. 1 st Line – Freight (MR/SIN-Japan). 20, WTI and Dated Brent closed at $26. Price assessments in the Naphtha Weekly (Asia Pacific) report are based on price movements of open-spec grade naphtha, which is the most actively traded grade in Asia. View Duncan Webber’s profile on LinkedIn, the world's largest professional community. NYMEX January crude settled 77 cents higher at at a discount in the low $70s/mt to the October Mean$63. Platts Connect Sessions We are hosting connect sessions during he Platts Analytics Client Seminar New York. You’ll get a daily PDF report plus alerts sent to your inbox as news breaks. When exercised against, the Clearing House, at its discretion, selects sellers against which to exercise on a pro-rata basis. com and [email protected] The datasets consisted of 37 points for the naphtha monthly price from May 2010 to September 2012. Oil and ethane prices were both higher in March. 28 Feb 2017: Lotte Titan restarts LDPE plant - POLYMERUPDATE. See the complete profile on LinkedIn and discover Simon’s connections and jobs at similar companies. We offer the following regional Naphtha analysis and news coverage to keep you informed of factors and developments affecting prices in the US Naphtha marketplace. 51 per metric ton (/mt), according to the just-released monthly average of the S&P Global Platts Petrochemical Index (PGPI), a benchmark of seven widely used petrochemicals. 1 million barrels per day, which is equivalent to over 33 million barrels per month or 33,000 contract equivalents (contract size: 1,000 barrels). Singapore Commodity Market Insights Forum is a great way to stay informed and connect with your industry peers. CO was established in 1994 with trading international in feild oil & gas & petrochemical. NS is revising the formula it uses to price naphtha exports to include the mean prices from Argus Media instead of only relying on S&P Global Platts, a tender document showed. Global 20 Ports Average Trend is a linear regression of Global 20 Ports Average price indications for LNG-MGO in the specified time period, quickly showing you the overall direction that the market is moving. To provide the trigger optionality in which a partner can partially trigger the price of the commodity based on the market level. Platts PGA acronym meaning defined here. Singapore fuel oil and MTBE are quoted on a dollars per metric ton basis but all other products are quoted on a dollars per barrel basis. Oil prices could test $80 per barrel in the coming days after the attacks on Saudi Arabia's oil facilities over the weekend, said S&P Global Platts, a leading provider of information and analytics. However akin to naptha, adequate availability is likely to keep the prices in check in the near future. Price reporting. For each, we provide the date and the type of information in order to give a general idea of these. As noted earlier, over half of the industry's outturn is sold as commodities without brand identi- fication. Platts Global Alert is the energy industry's most authoritative and comprehensive real-time news service providing breaking news, market analysis and price assessments to industry professionals. Naphtha news and market information products from ICIS. On a year-on-year basis, petrochemical prices were up 6. 10 Condensate News p. Propylene, the second olefin component of the Platts Global Petrochemical Index, was also lower in April. What does PGA stand for in Platts? Top PGA acronym definition related to defence: Platts Global Alert. weak levels w/w. S&P Global Platts methodologies bring consistency and robustness to our price assessments through principles and parameters that guide our market specialists at every stage of the process. • A large spread between gas and liquids prices in the US led to rapid NGL production growth over the past five years. Reconciles separate light and heavy naphtha in supply, demand and trade data Provides price estimates of heavy reforming naphtha in Europe and Asia Defines price-setting mechanisms through a full price tier analysis; This analysis helps strategy, operation and planning managers from around the world:. Chinese commodity prices softened over September and into the first half of October, while economic data was mixed over the same period. ASIA-PACIFIC/ARAB GULF MARKETSCAN The McGraw Hill Companies Volume 31 / Issue 126 / July 2, 2012 Naphtha ($/mt) PAAAA00 978. If you have registered your details earlier and had chosen not to avail of our paid services, but wish to do so now, please click the "Enquire" button. Singapore Commodity Market Insights Forum is a great way to stay informed and connect with your industry peers. See the complete profile on LinkedIn and discover Gurdeep’s connections and jobs at similar companies. "When the prices of feedstocks are falling that fast, the derivatives are bound to follow. Middle-East Platts, Middle-East Naphtha, Middle-East Gasoline, Middle-East kerosene, Middle-East Gasoil, Middle-East mazut180, Middle-East mazut 380, Middle-East HSFO180, Middle-East HSFO380 You can see in this page, tables of Middle-East Platts price. In this section you will find documentation for all published price assessments and indices by commodity. Providing comprehensive coverage of a range of products, including solvent naphtha, IPA, MEK, and MIBK. NY Mercantile - NY Mercantile Delayed price. The rule is also set to undermine margins for simple. See the complete profile on LinkedIn and discover Adam’s connections and jobs at similar companies. 28 Feb 2017: Idemitsu renominates Mar paraxylene ACP at $940/mt CFR, $40 lower than initial nomination - PLATTS. 25 Jun 2018: China's Sinopec settles June paraxylene contract price at Yuan 7,460/mt, down Yuan 290/mt from May - PLATTS. What does PGA stand for in Platts? Top PGA acronym definition related to defence: Platts Global Alert. - Delivered methodology and market update presentations on oil at various industry events. latest global price assessments, PGA provides timely and relevant insight so you stay on top of the markets and make critical business decisions with speed and clarity. 14, 2015 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market fell for the first time in five months in July, following the decline in the energy complex. Some of the products tracked daily include Crude Oil, Naphtha, Aromatics, Olefins, Polyolefins and Petrochemical Intermediates for the global markets with a special focus on Asia, India, The Middle East, Europe, US, Latin America and Africa. Saudi Aramco Products Trading. Naphtha & LPG Conference. "Lighter average crude quality is increasing the supply of naphtha, but tightening residual fuel until IMO 2020 frees up high sulfur fuel oil," S&P Global Platts Analytics said in a recent note. Its benchmark formula contains Middle Eastern naphtha prices published by Platts and Argus Media Group, two oil-pricing services. to 34 different crude and 91 petroleum product prices (see list below), as well as the ability to create and store custom price spreads and view data in different currencies or units. 12 Refining News p. In addition to. Platts has reported that Northwest European petrochemical companies have abandoned propane for naphtha as a feedstock. China s apparent demand for gasoline edged up 1% year on year in March and for LPG and naphtha fell 2. Price reporting. Hear first-hand from leading S&P Global Platts editors and analysts as they explore in detail the issues facing the Asia markets across the various commodities such as LNG, Petrochemicals, Metals, Coals, Agriculture and Shipping. In Europe , naphtha cracks have been averaging minus $8-$9/b to Dated Brent so far this year, the lowest since 2009, according to Platts data. The cost of LPG is a lot lower than Unleaded or Diesel fuel, but its price has been gradually rising since it was first introduced. BPCL has sold 120,000t of naphtha in deals priced against the mean prices of Argus and price reporting agency Platts' naphtha assessments, since revising its formula price. 14 Editorial Contacts. 10 Condensate News p. Platts Connect Sessions are one-on-one meetings you schedule with a Platts analyst. • A large spread between gas and liquids prices in the US led to rapid NGL production growth over the past five years. Mixtures labelled naphtha have been produced from natural gas condensates, petroleum distillates, and the distillation of coal tar and peat. PETROCHEMICALS. Floating Price The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from Platts for Naphtha under the heading "C&F Japan" for each business day that it is determined during the contract month. Gurdeep has 4 jobs listed on their profile. 5 Feedstock for the Petrochemical Industry Saon Ray, Amrita Goldar, Swati Saluja Section 1: Introduction 1. The rule is also set to undermine margins for simple. platts price for oil products Oil products department The Trading International Industrial Pooya TIIP. How is a non-accredited university recognized or ranked?. Toggle navigation. What does PGA stand for in Platts? Top PGA acronym definition related to defence: Platts Global Alert. Prices weigh heavily in this consideration, as naphtha producers are now in a purple patch in the region. Conversely, Aramco raised the August. 65 NAPHTHA Japan $/MT 3. We use cookies for better user experience. Singapore Commodity Market Insights Forum is a great way to stay informed and connect with your industry peers. The company is also involved in international trade activities, including crude oil imports, petroleum product imports/exports, import/export registration, shipping, production planning for refineries, supplies for domestic markets, and product exchange with other Indian oil marketing companies and oil price risk management. He together with his team spearheads methodology discussions with the wider market, with a focus on LNG, so as to communicate important updates and changes, as well as to gather feedback for improvement. Whether you're a contractor who needs to get multiple coats down in a limited time or a do it yourself who wants great results fast, use naphtha in. 1 st Line (45 days) 2 nd Line (60 days) 3 rd Line (75 days) C&F Japan Price. The University of Texas at. Mixtures labelled naphtha have been produced from natural gas condensates, petroleum distillates, and the distillation of coal tar and peat. In respect of final settlement, the Floating Price will be a price in USD and cents per Metric Tonne based on the arithmetic mean of the relevant high and low quotations appearing in the "Platts Asia-Pacific/Arab Gulf Marketscan" under the heading "Asia Products" subheading "Japan physical oil assessments" and "C+F Japan" for the "Naphtha ($/mt)" quotation for each Business Day in the. View Adam Probert’s profile on LinkedIn, the world's largest professional community. Updates on what is new at Platts. 006 NAPHTHA Arab Gulf $/MT 3. Shell has contributed to the introduction of international approaches such as Mean of Platts Arab Gulf (MoPAG) plus Differential pricing, which provides more transparency compared to Posted Airfield pricing," said Peter Mihm, Manager Fuel Procurement, Lufthansa. Price reporting. BPCL regularly exports naphtha and fuel oil due to excess volumes, but only ships diesel on rare occasions. Price Units All product prices are in US dollars. Platts PGA acronym meaning defined here. ADDITION TO APPENDIX 1 OF SGX-DC CLEARING RULES - FINAL SETTLEMENT PRICE Product Balance-of-Month Naphtha CFR Japan Final Settlement Price Cash settlement using the arithmetic average of the remaining assessments of Platts’s daily spot assessments in the contract month (inclusive of the current Business Day), rounded to three decimal places. The cost of LPG is a lot lower than Unleaded or Diesel fuel, but its price has been gradually rising since it was first introduced. S&P Global Platts methodologies bring consistency and robustness to our price assessments through principles and parameters that guide our market specialists at every stage of the process. NYM) stock quote, history, news and other vital information to help you with your stock trading and investing. Better light distillates, including naphtha encouragingly, were the positives, but offset by increasing prices for Dubai and weaker fuel oil. PLATTS GLOBAL PETROCHEMICAL INDEX IN DOLLARS PER METRIC TON The daily price reflected as a monthly average. or questions to [email protected] As provided in the cash market overview section, according to Bloomberg, the total loadings of Brent (BFOE) crude oil was approximately 1. Naphtha Conversion factors. BPCL has sold 120,000t of naphtha in deals priced against the mean prices of Argus and price reporting agency Platts' naphtha assessments, since revising its formula price. The Asian physical gasoline crack to Brent also settled higher at $ 7. News clips on the oil and gas industry, projects, refineries, pipelines, LNG, prices and projects. The naphtha price is presented for every month, which includes five days per week except for weekends (here Fridays and Saturdays) and official holidays. 3 LPG News p. platts price for oil products Oil products department The Trading International Industrial Pooya TIIP. The reference price will be a price in USD and cents per metric tonne equal to the final settlement price of the Platts Naphtha CIF NWE Cargoes Swap Future for the contract month. How is a non-accredited university recognized or ranked?. With weak demand from the traditional heating market in Northwest Europe, CIF propane prices have weakened recently, reaching a last published value Tuesday of $12. Platts Oil helps to develop, connect & explain the market price of crude oil and oil products. Low cost and abundant ethane from gas production and processing has been a boon for ethylene producers in the Middle East and the U. Platts: Global Petrochemical Prices Fell 9% in November director of petrochemical analysis at Platts. Japan C&F Naphtha (Platts) Futu (JAV19. Oil prices could test $80 per barrel in the coming days after the attacks on Saudi Arabia's oil facilities over the weekend, said S&P Global Platts, a leading provider of information and analytics. In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the mean of the high and low quotations appearing in the "Platts European Marketscan" under the heading "Northwest European cargoes" subheading "CIF NWE/Basis ARA" for "Naphtha" for each business day (as specified below) in the determination period. Although the spread between the Far East Index propane swap and Mean of Platts Japan naphtha swap widened to an average of minus $94. NYM) stock quote, history, news and other vital information to help you with your stock trading and investing. Petrochemical companies in Northwest Europe are continuing to shun propane as a feedstock, according to industry sources. The refiner may extend the formula of using a mean of Platts and Argus prices to other products if the naphtha pricing is well received by traders, said the source, who asked not to be identified. The naphtha prices and 37 major factors for the previous trading month were used in the SD model. • Developed and announce Ex-Refinery prices for regulated and DE-regulated petroleum products on fortnightly and monthly basis. Asia Refined Oil Products Methodology PLATTS - Free download as PDF File (. A complete list of specialists, topics, and times is available on our meeting-booking site. Platts Connect Sessions are one-on-one meetings you schedule with a Platts analyst. only click in here and insert the page. Platts Analytics' outlook, for example, assumes an average $5/b Brent price increase in 2020 above baseline trends over this year. 0% Sulfur Bunkers. Formosa, Asia’s top naphtha importer, paid a discount of about $5 a tonne to a formula based 50-50 on prices from S&P Global Platts and Oil Price Information Service (OPIS), a unit of consulting. * The naphtha refining margin was at around minus $9. The traded premium will therefore be debited by the Clearing House from the Buyer and credited to the Seller on the morning of the Business Day following the day of trade. Prices for all Polymers, Petrochemicals and Solvents on a Daily Basis CONTRACT AND SPOT PRICES OF Ethylene - EUROPE Region LDPE is one of the oldest and mature polyethylenes with excellent chemical resistance and electrical properties. Propylene, the second olefin component of the Platts Global Petrochemical Index, was also lower in April. In this section you will find documentation for all published price assessments and indices by commodity. Light Naphtha The light naphtha analysis provides balances for light paraffinic / lean naphtha that is used as a feed for steam. Platts Global Petrochemical Index (PGPI) Prices explains how the $3-trillion-plus global petrochemicals market fell another 18% in December -- the biggest month-over-month drop since November 2008 -- as energy and naphtha prices continued to slide. See the complete profile on LinkedIn and discover Heng’s connections and jobs at similar companies. 97 /bbl on Wednesday. Hear first-hand from leading S&P Global Platts editors and analysts as they explore in detail the issues facing the Asia markets across the various commodities such as LNG, Petrochemicals, Metals, Coals, Agriculture and Shipping. METHODOLOGY GUIDE GASOLINE / NAPHTHA EUROPEAN PRODUCTS 13. In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the "Mid" quotations appearing in the "Platts European Marketscan" under the heading "Northwest Europe cargoes" subheading "CIF NWE/Basis ARA" for "Naphtha" for each business day (as specified below) in the determination period. Global naphtha and LPG market update; Philip Reeder, Managing Editor, Aromatics, S&P Global Platts. Naphtha prices are highly correlated with crude oil as it is generally produced during the refining of crude oil. Published 14 June 2019. com and [email protected] Price reporting. Chinese commodity prices softened over September and into the first half of October, while economic data was mixed over the same period. com, 3rd June 2019. This could be due to flailing naphtha product margins in recent weeks, they added. All Products Home Active trader. Ethylene prices in Asia are likely to see a downturn in the near future despite crude-led bullish naphtha feedstock prices, as high naphtha costs drive producers to crack LPG, which gives a higher ethylene yield, as per Platts. To convert agreed price from a Formula to Fixed price or vice versa. naphtha demand sectors, including production of gasoline, solvents, aromatics, olefins, methane, syngas and burning for energy. com News & Analysis Feature 1 2. They are scheduled to last 20 to 25 minutes. Prices weigh heavily in this consideration, as naphtha producers are now in a purple patch in the region. Platts: Global Petrochemical Prices Continued to Climb in May "Since January, petrochemical prices have advanced 29%, mostly because of stronger crude oil and naphtha prices. Some of the products tracked daily include Crude Oil, Naphtha, Aromatics, Olefins, Polyolefins and Petrochemical Intermediates for the global markets with a special focus on Asia, India, The Middle East, Europe, US, Latin America and Africa. THIS IS WHAT WE DO BEST… Oil Brokerage, it's that simple, for almost 30 years we have provided the oil trading community with a trusted service which although being more sophisticated and larger in scale than ever before maintains professional and personal service from passionate, loyal and dedicated specialists. Simon has 5 jobs listed on their profile. Naphtha Price: Get all information on the Price of Naphtha including News, Charts and. Discover how you can access our oil prices, news & analysis. only click in here and insert the page. The refiner may extend the formula of using a mean of Platts and Argus prices to other products if the naphtha pricing is well received by traders, said the source, who asked not to be identified. Articles by Platts on Polymerupdate. Vitol, the dominant trader in Europe's naphtha market, has been barred by pricing agency Platts from its daily "window" naphtha trading session after failing to deliver on time some cargoes that. POLYMER PRICES 101 Prices in January Lowest Since Mid-2009 Platts Global Petrochemical Index February 19, 2015 A Platts. 30 May 2017: Japan's Mitsui Chemicals to ramp up Singapore PE plant rates to 100% in 2020-21 - PLATTS. See the complete profile on LinkedIn and discover Simon’s connections and jobs at similar companies. Please note: Price sheets are updated at the end of each month and posting time may be delayed The Power of Agility® Methanex Corporation is the world’s largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and South America. Means of Platts. Cash settlement using the arithmetic average of all Platts PX daily spot price assessments in the contract month, rounded to 2 decimal places. Platts typically tracks both fixed price as well as inter-product and crude-to-product relationships. Oil prices could test $80 per barrel in the coming days after the attacks on Saudi Arabia's oil facilities over the weekend, said S&P Global Platts, a leading provider of information and analytics. Naphtha Price: Get all information on the Price of Naphtha including News, Charts and. The CFR Japan naphtha crack spread surged above the $50/mt mark Thursday, to hit a year-to-date high of $52. Discover how you can access our oil prices, news & analysis. Fortunately, the recent resurgence in the price of propane has helped to offset this weakness in the third quarter. 5 Feedstock for the Petrochemical Industry Saon Ray, Amrita Goldar, Swati Saluja Section 1: Introduction 1. Global 20 Ports Average Trend is a linear regression of Global 20 Ports Average price indications for LNG-MGO in the specified time period, quickly showing you the overall direction that the market is moving. The PGA quick guide is designed to help you discover and navigate through the vast content available to you easily and more efficiently. Platts may use additional indications as appropriate including. ASIA-PACIFIC/ARAB GULF MARKETSCAN [OIL] www. Petrochemical companies in Northwest Europe are continuing to shun propane as a feedstock, according to industry sources. Simultaneously, spot ethylene has come under pressure reflecting product overhang and traded as low as Eur970/mt (about $1,130/mt) on May 8, a level not seen since December, Platts data showed. 5% sulfur marine fuel will likely be somewhere between a blend of gasoil with 1% sulfur fuel oil, and marine gasoil. We're the leading independent provider of information and benchmark prices for. The market price for crude oil and naphtha feedstocks will likely rise as crude runs increase to meet rising demand for distillate bunker fuels. 51 per metric ton (/mt), according to the just-released monthly average of the S&P Global Platts Petrochemical Index (PGPI), a benchmark of seven widely used petrochemicals. pdf), Text File (. They are scheduled to last 20 to 25 minutes. As noted earlier, over half of the industry's outturn is sold as commodities without brand identi- fication. weak levels w/w.