06 January 2006 12:24 [Source: ICIS news]
ICIS Petrochemical Index (IPEX) slips 3.80 percent in JanuaryThe January ICIS Petrochemical Index (IPEX) slipped 3.80 percent to 225.16 points from December's value of 234.06 points as nine of the 12 grades included in the IPEX basket posted weaker average price levels.
About the ICIS Petrochemical Index (IPEX)
The ICIS Petrochemical Index (IPEX) provides you with an authoritative, independent indicator of average change in world petrochemical prices. Dating back to January 1993, our historical prices for a basket of twelve essential petrochemical grades in the US, Western European, and the Northeast Asian markets have been weighted by regional nameplate capacity to generate a monthly index value.
The IPEX product basket is composed of the following twelve grades: ethylene, propylene, benzene, toluene, paraxylene, styrene, methanol, butadiene, PVC, polyethylene, polypropylene, and polystyrene. This index is brought to you in compliance with our continued efforts to add value to the ICIS-LOR service, and we hope you find this unique perspective on the petrochemicals market useful.
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