PX and Isomer-MX assessments--June04
Write:
Suchi [2011-05-20]
p>PX and Isomer-MX commentaries can be found on PCA 560, PCA 710 and PCA 330;
Credit differentials calculated using 1-3 month LIBOR +1.5%. LIBOR rates
published on PCA798.
daily isomer-MX assessments on PCA 645, weekly PX assessments on PCA 337;
weekly Iso-MX assessments on PCA 647, PX paper swaps assessments on PCA 1610.
*Benchmark markers FOB Korea and CFR Taiwan/China average assessments of 3rd &
4th forward half-month cycles.
Price changes are from the previous working day's market-on-close assessment.
Bids/offers/deals CFR China are normalized to CFR Taiwan, using published
location spreads.
Credit is normalized to the mid-point of 30-45 days, with alternative credit
differentials calculated using monthly LIBOR rates.