Posting periods

For prices that are linked to indexes (such as Platts) the following posting periods apply:

Prior week Monday

Effective Average of index postings
Monday through to Sunday Average of previous Monday to Friday postings
If your price is impacted by an exchange rate which changes on the 1st of the month you will get a new price notification to reflect this exchange rate change where the 1st of the month does not fall on a Monday. The underlying average index postings remain unchanged.

Prior week Tuesday

Effective Average of index postings
Tuesday through to Monday Average of previous Monday to Friday postings
If your price is impacted by an exchange rate which changes on the 1st of the month you will get a new price notification to reflect this exchange rate change where the 1st of the month does not fall on a Tuesday. The underlying average index postings remain unchanged.

Current week Monday

Effective Average of index postings
Monday through to Sunday Average of current Monday to Friday postings

Prior month

Effective Average of index postings
From the 1st to the last day of the month Average of all previous month postings

Current month

Effective Average of index postings
From the 1st to the last day of the month Average of all current month postings

Prior reduced month (1-27)

Effective Average of index postings
From the 1st to the last day of the month Average of all postings between the 1st and the 27th of the previous month

Prior half monthly

Effective Average of index postings
From the 1st to the 15th of the month Average of all postings between the 16th to the end of the previous month
From the 16th to the end of the month Average of the postings between the 1st and 15th of the current month