Ethylene Prices, markets & analysis
ICIS price reporting for regional Ethylene markets is unparalleled in its ability to keep you on top of the information you need.
Our network of price reporters delivers direct and regular insights into the local markets they work in.
That means you can track fluctuations and developments as they happen and gain a clear understanding of the factors driving prices.
Use ICIS information to:
- Inform your internal data models
- Substantiate your position in negotiations
- Set terms for settlements and contracts
Ethylene China Transcript
The ICIS China ethylene monthly report provides information on the prices, and supply-demand balance for this important chemical in China The report includes cost and freight (CFR) ethylene price assessments for southeast and northeast Asia, as well as free on board (FOB) prices from South Korea and southeast Asia.
Upstream markets from crude to naphtha and downstream markets: polyethylene, styrene monomer, monoethylene glycol (MEG) and polyvinyl chloride (PVC) are also included in the coverage. This helps to provide a complete picture of the ethylene value chain.
Production is tracked in Asia with a particular focus on China. This information, combined with access to import and export details, and operating rates of derivative plants in China, provides important insights into the supply-demand balance.
Subscribers value the report because it gives a clear overview across the market in China, and helps them to make business decisions.
Ethylene news and market information products from ICIS
We offer the following regional Ethylene coverage to keep you informed of factors and developments affecting prices in the China Ethylene marketplace.
Price Reporting – More information about the price reports we publish on Ethylene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
Other types of reports we cover for Ethylene
Use margin reports to assess the profitability of commodities
News & analysis
News & Analysis - News & market analysis specifically relating to Ethylene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Asian ethylene prices were largely on an uptrend during the three months to mid-November, supported by tight supply in the region and a pick-up in demand for derivatives. Demand in the derivative sector typically rises during the peak manufacturing season that starts in the third quarter of the year.
Spot prices reached a seven-month high of $1,400-1,420/tonne CFR (cost & freight) NE (northeast) Asia by mid-October, up by $170-200/tonne from mid-August. The sharp gains were bolstered by tight supply on the back of a heavy cracker turnaround season in Japan, South Korea and Taiwan. Major producers such as Formosa Petrochemical Corp (FPCC), CPC Corp, Mitsubishi Chemical Corp (MCC) and Korea Petrochemical Industry Co (KPIC) took their plants off line for scheduled maintenance between September and October.
However, prices appeared to have peaked by late October and early November amid expectations that the tight supply would likely ease when key crackers returned on stream from scheduled maintenance. As a result, buying sentiment weakened and news of fresh spot supply from the Middle East and Taiwan exerted downwards pressure on the market. By mid-November, spot prices were assessed at $1,390-1,405/tonne CFR NE Asia.
Updated to mid-November 2013
The Ethylene report is published monthly and covers operating information from Asia and China.
The report includes the latest transactions and production news. It quotes the cost & freight prices in southeast and northeast Asia, as well as the free on board prices from South Korea and southeast Asia. Information about ethylene imports and exports is also included. The report provides a full view of upstream markets, from crude oil to naphtha, and downstream markets, from PE to styrene monomer (SM).
The Ethylene report is essential reading, helping customers to make important buying and selling decisions.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Ethylene. 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 enable 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 pricing plant performance data (PPD) reports track activities at ethylene plants and crude oil refineries globally. These monthly reports* record total or nameplate capacity, operating rates as well as shutdowns and other developments at individual production facilities. The reports are available in a paper wallchart format or are downloadable from the ICIS pricing website as a CSV or excel file.
Data for the report month is collected at the end of the previous month. Therefore information published is an estimate of plant activity in the report month. This may vary from actual operations at the facility due to subsequent unscheduled shutdowns or alterations in production plans. Information is collected through direct contact with the plant operator. If that is not possible data is sourced from third parties with detailed industry knowledge.
General Ethylene Methodology Consultation read more >
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 Ethylene, 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.