Olefins Prices, markets & analysis
ICIS provides independent and unbiased pricing information, news and market analysis for the global Olefins market. Our network of price reporters and analysts based in Asia, Europe and the Americas deliver local insight for each of these markets, which is published in individual price and analysis reports.
If you buy or sell Olefins or related products, our reports, news and market intelligence will give you the prices, and analysis of the factors driving the prices, that you need to make confident commercial decisions. The range of margin reports can also support buying and selling decisions by giving you a view of the profitability of producing Olefins.
How we can help
Olefins news and market information products from ICIS
We offer the following regional Olefins analysis and news coverage to keep you informed of factors and developments affecting prices in the Olefins marketplace.
Price Reporting – More information about the price reports we publish on Olefins
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Olefins
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Olefins
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Olefins: Market overview
ICIS has a global network of reporters in Houston, London, Singapore, Shanghai, Mumbai and Moscow, ensuring unrivalled coverage of established and emerging markets.
Our reporters develop expert knowledge of the specific markets they cover, developing contacts and building knowledge of the market on a local and global basis, in order to offer insight into prices and the factors driving prices.This expertise enables us to produce independent and accurate price assessments which are relied on by key market makers for their decision making.
Our petrochemical and chemical pricing information is published in individual reports, dependent on the different regions we cover for each market, including Olefins.
News & analysis
Olefins news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
- Spot and contract price assessments
- Market commentary on trends and developments
- Transactions reported and confirmed
- Plant and production news
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Price forecast services
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
Dashboard – Easy access to ICIS pricing data
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
Supply and Demand Window on ICIS Dashboard
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
ICIS Chemical Business magazine
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
Market Studies & Analysis
ICIS publishes global annual studies, as well as dedicated reports on domestic China markets, which will help you navigate the complex petrochemical, oil and gas industries in the medium-to-long term. Our studies and reports provide expert analysis and forecast data on supply, demand, production and capacity for specific markets.
Supply & Demand Data
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Training & Conferences
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
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ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
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Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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 Olefins, 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.
Olefins, also called alkenes, are unsaturated organic compounds that contain at least one carbon-to-carbon double bond. They can be used in many reactions which occur by opening up the double bond.
Olefins are used as building block chemicals for making other petrochemicals and polymers. The commercially most important olefins are ethylene, propylene and butadiene. Other olefins used in the production of petrochemicals and polymers include butene, isobutene (or isobutylene), hexene and octene.
Ethylene is the largest volume olefin used in the manufacture of polymers such as polyethylene (PE), polyester, polyvinyl chloride (PVC) and polystyrene (PS). The main intermediate chemicals produced from ethylene include ethylene oxide and ethylene glycol, ethylene dichloride (EDC) and vinyl chloride monomer (VCM), ethylbenzene and styrene, vinyl acetate monomer (VAM), alpha olefins and industrial ethanol. These products are used in a wide variety of industrial and consumer markets such as the packaging, transportation, electronic, textile and construction industries.
Propylene consumption is dominated by polypropylene (PP), which accounts for 60% of global consumption. Injection moulding is the largest PP market but it can also be made into fibres, film and sheet and extruded into pipe and conduit. Other important derivatives of propylene are acrylonitrile (ACN), oxo alcohols, propylene oxide, cumene and acrylic acid. Propylene has been the fastest growing of the three main olefins, mainly due to the strong demand for polypropylene.
Butadiene is a versatile raw material used in the production of a wide variety of synthetic rubbers/elastomers and polymer resins as well as a few chemical intermediates. The largest uses for butadiene are the production of styrene butadiene rubber (SBR) and polybutadiene rubber (BR), which are used mainly in tyres and other automotive products. Butadiene is one of the components used in the manufacture of acrylonitrile-butadiene-styrene (ABS), styrene-butadiene (SB) copolymer latex, styrene-butadiene block copolymers and nitrile rubbers.
Olefins are manufactured primarily by the steam cracking of petroleum-based products such as naphtha, gas oil, ethane, propane and butane. Propylene can also be sourced from fluid catalytic crackers in refineries and by on-purpose technologies such as propane dehydrogenation and metathesis. Methanol-based processes to make ethylene and propylene are being developed.