New ICIS C1 Energy Base Oils report

24 June 2008 05:35  [Source: ICIS news]

 

ICIS and C1 Energy have launched China domestic Base oils price assessment in English

 

ICIS pricing, the global market pricing and intelligence service for the oil and chemical industries, and C1 Energy (www.c1energy.biz), an acquisition by CBI (Shanghai) Co. Ltd, China, the leading market intelligence providers on China’s petroleum and petrochemical markets, have joined forces to launch a weekly English language Base oils pricing report covering the Chinese market.

 

The current diesel crisis, including the tight supply and spiralling values, has hit the base oils industry especially hard – resulting in acute tightness and price surges, according to industry participants. Launched in response to increasing demand, ICIS and C1 Energy new Base oils report gives the industry participants reliable and robust information on price changes and market movement in China. ICIS C1 Energy Base oils report provides comprehensive coverage of China’s domestic base oils market with price assessments in yuan as well as in-depth commentary and analysis of the latest trends and outlook.   

 

ICIS and CI Energy report is written by a dedicated editorial team based in the C1 Energy office in Guangzhou, with contributions on regional developments from the experienced editorial 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. C1 Energy reports are similarly used by oil and gas industry players as a trusted benchmark in the local market”, said Christopher Flook, Publishing Director.  “The new Base oils report covering China is a valuable additional to ICIS’s existing portfolio, as we have been reporting on the base oils markets in Europe, Asia, and the US for many years. It is key for industry players to have concise and comprehensive pricing information to support their decision making in this critical market”.

 

Request for a free trial of ICIS C1 Energy Base oils report or email sales.ap@icis.com

 



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