Real-time Asia benzene prices and market information now available from ICIS

24 March 2014

ICIS, the world's largest petrochemical market intelligence provider,  now publishes real-time information for Asian benzene covering prices (bids and offers), deals and breaking news. The information is published online
via the ICIS dashboard.

The live information feed displays the latest prices during and outside of the usual market window time (Asia pacific window takes places from 16:00 – 16:30 SST), as well as breaking news. It is updated throughout the day by ICIS editors as they receive new information from their multiple sources.

“The Asia benzene market is highly liquid and a large volume of trades occur daily. Market participants have been seeing a lack of transparency on the real trading prices and activities. Access to real time data will make a significant difference to the quality of their decision-making and enable a much faster response to new opportunities”, Sheau Ling Ong, ICIS Senior Editor explains.

This new exciting enhancement is accessible via the ICIS dashboard as part of the subscription to the daily Asia benzene report. The live feed displays all of the following:

  • Real time bids, offers, deals and pegged prices throughout the day including CFR and FOB deals in Asia.
  • Market news snippets in real time including production updates, inventory levels, upstream and downstream news and import/export data.
  • Price window - a timed opportunity that occurs every trading day when market players announce their bids, offers and deals to the rest of the market.

By enhancing the existing benzene coverage, subscribers will be able to see the market in action including the factors prompting price movements as they occur. This will save time by giving access to live trades and market information from one source, and provide the opportunity to make more informed commercial responses using real time data.

For further information please contact:
Natasha Pilapil, Senior Marketing Executive, ICIS
+65 6780 4395

About ICISAbout ICIS

ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.

With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe,Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo, Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.

About Reed Business Information

At Reed Business Information we provide information and online data services to business professionals worldwide.  Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day.  RBI is part of Reed Elsevier, a leading global provider of data, information and solutions for professional customers.

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With so many trades occurring on a daily basis, it is difficult to see and keep track of exactly what is happening within the benzene market in Asia. The combination of our daily price report, supplemented with our real time information feed solves the problem for you.

Be the first to know what is driving prices in the Asian market by gaining access to real time bids, offers, deals and pegged prices, as well as market news snippets and a price window.

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