ICIS Forecasting

Forecasting

Everything affects petrochemical prices.

We can tell you by how much.

Consumer spending. Chemical plant closures. Hurricane season. Geopolitical instability. Such factors will generate reactions in our industry. Rational and emotional reactions that will determine the course of petrochemical pricing. But the critical question facing us all is: by exactly how much?

So far, the best answer our industry has to offer is speculative. Because many of the factors influencing price are intangible, despite their effects being very, very real.

At ICIS, we refuse to settle for this. We believe there is a way to secure this information as data, and interpret its influence in order to dramatically increase the accuracy of price forecasting. In short, putting a value on historical trends, current market influences, and the all important but elusive factor: market sentiment.

ICIS forecasting innovative methodology combines both complex statistical analysis and the unique ICIS Market Sentiment Index™. We bring the industry a new perspective, one that offers a radically different, data-driven approach to forecasting, and that incorporates the critical, but never before quantified factor of market sentiment.

View the video below for more information on ICIS forecasting methodology.