Our Price Explained
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What are Asia Recycled HDPE price assessments?
What are Asia Recycled HDPE price assessments?
Platts recycled high density polyethylene FOB spot assessment covers film grade clear pellets in Southeast Asia and complements Platts existing virgin PE assessments in Asia.
The spot assessment has the following specification:
Grade: Film grade clear, transparent and natural colored pellets suitable for consumer packaging applications
Cargo size and basis: Minimum 15 mt for loading 15-30 days forward from the date of publication, from Port Klang in Malaysia, Bangkok in Thailand, Jakarta in Indonesia, Singapore, Batangas in Philippines and Cat Lai in Vietnam.
Price information on loadings from other ports within Southeast Asia may be taken into consideration and normalized to the basis ports for the assessment.
The assessment reflects standard market payment terms. Typical market payment terms are on a telegraphic transfer basis, with a 30% deposit and the rest of the payment on arrival.
Platts takes into consideration price information gathered up to the close of the Platts Market on Close assessment process at 4:30 pm Singapore time (0830 GMT).
The price assessment is complemented by a daily rationale and weekly commentary, which explains how the price assessment is reached and delves into the market fundamentals observed throughout the week.
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How we assess Asian Recycled HDPE prices
How we assess Asian Recycled HDPE prices
Platts assessments are based on market information, including, but not limited to, firm bids and offers, and trades reported to the editor up to the close of business (4.30 pm Singapore time) on each day.
All the information used to inform the assessment is published transparently on Platts platforms as "heards". An assessment rationale is published explaining what the assessments are and how they have been reached.
A weekly market commentary accompanies the price assessments and rationale, which highlights the most important trends that have affected the markets that week and provides insight into what the market expects over the coming weeks.
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Asian Recycled HDPE Weekly Commentary
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Asian Recycled HDPE Daily Rationale
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What are Asia Recycled HDPE price assessments?
Platts recycled high density polyethylene FOB spot assessment covers film grade clear pellets in Southeast Asia and complements Platts existing virgin PE assessments in Asia.
The spot assessment has the following specification:
Grade: Film grade clear, transparent and natural colored pellets suitable for consumer packaging applications
Cargo size and basis: Minimum 15 mt for loading 15-30 days forward from the date of publication, from Port Klang in Malaysia, Bangkok in Thailand, Jakarta in Indonesia, Singapore, Batangas in Philippines and Cat Lai in Vietnam.
Price information on loadings from other ports within Southeast Asia may be taken into consideration and normalized to the basis ports for the assessment.
The assessment reflects standard market payment terms. Typical market payment terms are on a telegraphic transfer basis, with a 30% deposit and the rest of the payment on arrival.
Platts takes into consideration price information gathered up to the close of the Platts Market on Close assessment process at 4:30 pm Singapore time (0830 GMT).
The price assessment is complemented by a daily rationale and weekly commentary, which explains how the price assessment is reached and delves into the market fundamentals observed throughout the week.
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