02 June 2008 00:00 [Source: ICB]
ICIS PRICING, the global market pricing and intelligence service for the oil and chemical industries, and Chemease, a subsidiary of CBI China, China's domestic commodity market information leader, have joined forces to launch another series of weekly English language pricing reports covering the Chinese market.
ICIS and Chemease's new series of dedicated reports covering the Chinese acrylate ester, acrylonitrile (ACN), acetone, butadiene rubber, butanediol (BDO), bisphenol A, caprolactam (capro), caustic soda, epoxy resins, expandable polystyrene (EPS), epichlorohydrin, oxo-alcohols, phenol, polyether polyols, polyvinyl chloride (PVC) and sulfur markets in response to increasing demand for domestic price assessments and news on the Chinese market.
Following the successful launch of acrylonitrile-butadiene-styrene (ABS), acetic acid, acrylonitrile butadiene rubber, benzene, methanol, monoethylene glycol (MEG), polyethylene (PE), polypropylene (PP), polystyrene (PS), styrene, styrene butadiene rubber (SBR), purified terephthalic acid (PTA), toluene and xylenes (China) reports, the second series of ICIS Chemease weekly reports continue to provide comprehensive coverage of China's domestic markets, with price assessments in yuan, as well as in-depth commentary and analysis of the latest trends and outlook.
The reports are written by a team based in the Chemease office in Shanghai, China, with contributions on regional developments from the team in the ICIS Singapore office.
"ICIS pricing's China CFR price assessments are already widely used in the global market as a benchmark for settling transaction prices. Chemease reports are similarly used by industry players as a trusted benchmark in the local market," said Christopher Flook, publishing director at ICIS. "The new series of reports covering China is a valuable addition to ICIS' existing portfolio, as we have been reporting chemical markets in Europe, Asia, Latin America, Middle East and the US for many years. It is key for industry players to read timely, concise, accurate yet comprehensive pricing information to support their decision-making in this critical market."
Based on the ICIS principles of accuracy, independence and impartiality, the reports continue to provide a common reference point for global businesses to trade with Chinese players.
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