ICIS has a wide range of information that covers the global aromatics markets - from pricing data, news and analysis, to supply and demand forecasts, enabling you to evaluate the market from every angle.
ICIS market data is compiled by our global team of experts who are directly in touch with key industry players. They apply a strict methodology to ensure the intelligence we publish is sound, fully reconciled and accurate.
Use ICIS information to:
- Access independent price benchmarks to use in your deals and contracts
- Gain insight to empower your strategic business decisions
- Identify growth opportunities for expansion
- Evaluate potential risks to your business
Aromatics Europe Transcript
The European daily aromatics report covers spot markets including benzene, styrene, toluene and paraxylene.
The benzene quotation depicts the current month, and the forward month and is quoted on a CIF ARA basis. The range is made up from confirmed deals done throughout the day’s trading.
In the absence of any spot deals, the range is set using the lowest bid and highest offer recorded in the market on that particular day.
The styrene quotation mirrors that of benzene, as in the way the information is gathered and published. However the quotation is on a Free On Board, Rotterdam basis.
Paraxylene and toluene quotations are both for the current month. The information is gathered in exactly the same way as benzene and styrene both quotes are on a Free On Board, Rotterdam basis.
Aromatics news and market information products from ICIS
We offer the following regional Aromatics coverage to keep you informed of factors and developments affecting prices in the Global Aromatics marketplace.
Price Reporting – More information about the price reports we publish on Aromatics
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Aromatics
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
US aromatics truck and rail market prices for toluene and xylene are expected to be stable to weaker in the second quarter. The truck and rail market was being pressured lower, though, as barge spot prices for toluene and mixed xylene (MX) were on the decline alongside thin demand and balanced to slightly long supply positions.
The expected decline is based on expectations for the barge spot market, which can typically influence the truck and rail market.
Overall, market expectations for the spring have been mixed. Some trade sources have said demand from blenders ahead of the summer driving season will be thin, while others have said the gasoline market and energy futures could firm in the summer and support aromatics prices as well.
Meanwhile, hexane, mineral spirits high and low, and varnish makers and paints (VM&P) markets are expected to see prices up as demand increases from the paints and coatings sector and the construction sector.
Updated to mid-April 2014
ICIS has a wealth of information on the aromatics market that can help you evaluate opportunities and competition from a global and regional perspective.
Products we publish include:
World Petrochemical Industry Study (Aromatics) – an in-depth analysis of the global supply and demand situation for benzene, toluene, xylene and their respective derivatives. The study provides insight on how the cyclical petrochemical industry will look in the future, using reconciled data and detailed analysis. Forecasts, trade flows, supply, demand and capacities are all covered.
Global Supply & Demand (S&D) database – an online database service which combines fully reconciled supply and demand, capacity, trade and production ownership data to give you multiple views of the marketplace. It enables you to search, shape and export historical and projected global data, giving you the insight you need to plan ahead with accuracy.
Pricing information – regional price assessments and market analysis on upstream and downstream aromatics products, published on a daily and/or weekly basis. Our intelligence enables you to understand price drivers and fluctuations, and offers benchmarks for settling your contract prices. Historical pricing data is also available for you to incorporate with your own analytical models to guide you in forecasting.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Aromatics. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Aromatics, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.