As China’s outlook darkens, the competitive landscape is fast evolving for global plastics. Industry players must review their strategy and seek new sources of growth.
This outlook piece will answer these questions and more, offering insights into market developments and the global outlook for 2015.
Get a retrospective outlook for key energy markets including Oil; Carbon, Coal, and Power.
Speakers from the ICIS World Base Oils & Lubricants conference in London are interviewed in the latest ICIS interactive publication.
They comment on the outlook for base oils and lubricants, the future for brightstock and re-refined oils, and how lube producers have seen margins increase over the last decade as they moved to higher quality.
The European Power Trading Report (EPTR) covers quarterly updates on key market insights for 14 different European countries.
Gain access to the widest range of established markets, but also developing European Power markets ,such as Romania, Bulgaria, Greece and Turkey.
The ICIS Power Index (IPI) gives homes and businesses an insight into price trends on the UK wholesale electricity market.
The IPI is published daily by ICIS, an independent authority on UK electricity market pricing, and is available at no charge.
The ICIS Top 100 Chemical Companies list provides you with a further dissection and analysis of the Top 100 Chemical Companies.
It includes the Top 10 chemical companies in each region with detailed analysis and comprehensive commentary. This feature is published annually in ICIS Chemical Business.
The Chinese government has been offering firm support to aid the development of the LNG sector, bringing about an increase in investment opportunities throughout the country.
Download this free whitepaper to gain a better understanding of China’s LNG supply and demand, import capacity and construction of new terminals.
In this white paper we put forward our proposal for an optimised MSR that would enables the EU ETS to promote reductions in greenhouse gas emissions in the most cost-effective and economically efficient manner.
We believe our proposed approach is able to handle a broad array of emission regimes (including high emissions scenarios) whilst preserving the integrity of the EU ETS carbon price signal.
The ICIS Top 100 Chemical Companies 2015 listing highlights the top players in the global chemical industry.
Most chemical companies found it difficult to generate top line and profit growth in 2015 following a strong performance in 2014.
Mosaic’s long-term outlook for the fertilizer industry remains positive, despite declining fundamentals for crop nutrients, CEO James Prokopanko said.
Easy access to a host of downloadable ICIS Chemical resources; including:
Easy access to a host of downloadable ICIS Energy resources; including:
Easy access to a host of downloadable ICIS Fertilizer resources; including:
As competing market forces send mixed signals about the global olefins situation and outlook, uncertainty and volatility present challenges to industry players. How will the Olefins market fare?
With global aromatics growth expected to outstrip GDP and pressure on pygas supply increases, industry players will need new solutions to the challenges they face. ICIS’ Global Aromatics Feedstocks Outlook provides insights to these and more:
Scenario Planning for 2016 and Beyond Special publication features whitepapers produced by the ICIS Consulting team covering:
During APIC 2016, ICIS delivered several presentations on hot topics in key petrochemical markets. We have made these presentations slides available for you to download, covering:
The US started exporting LNG from the Lower 48 states for the first time this year with trading in the Atlantic Basin expected to increase with the start of US LNG exports as result. This infographic provides a snapshot of emerging LNG trade routes with shipping netbacks for 7 key potential importers.
Besides fundamental drivers, behavioural drivers such as hedging behaviour influence power prices and particularly the price shape of the forward curve. While it is relatively well known that power producers, and particularly the operators of lignite-fired power stations, have been forced to hedge their production later, this whitepaper analyses the hedging behaviour on the buy side.
China consumption of polyethylene (PE) grew strongly in 2015 and into 2016 as China boosted availability of consumer credit, but if China should fall too deeply into debt, GDP growth would slow – and with it, PE and polypropylene (PP) consumption.
Oversupply has put a lot of pressure on the Asian aromatics sector during 2015 and 2016. However, lower oil and naphtha prices are now providing some relief and bolstering margins. But how long can this last, given that new benzene capacity is expected onstream in the second half of the year and the demand outlook is sluggish amid the economic slowdown in China?
ICIS recently hosted an Asian polyolefins market seminar and had several presentations covering key developments, price movements and an outlook into both Asian and Middle East polypropylene (PP) and polyethylene (PE) markets. If you wish to access any of the presentation slides from the event, simply click on the links below:
ICIS recently hosted a webinar on May 10, examining the market situation of the Asia styrenics chain – styrene monomer, polystyrene, ABS and EPS. Analysing supply and demand fundamentals and the near-term outlook of where the market is headed, this webinar helps identify potential opportunities and challenges in the Asian styrene markets.
Electricity trading in South East Europe is developing fast, with activity rising in new trading centres, and established markets continuing to strengthen.
In a comprehensive white paper, the first of its kind for ICIS, a team of four market specialists looks at the impact of the latest dynamics on the energy, petrochemicals, base oils and fertilizer sectors, investigating the changes and offering an outlook for these crucial markets.
The scale-up of new polymer plants in the Middle East will have a huge impact on global polyethylene (PE) and polypropylene (PP) markets. These will include in particular PP from Borouge 3 in Abu Dhabi and PE from Sadara in Saudi Arabia.
Another factor set to significantly impact global polymer markets is the lifting of sanctions in Iran, which will speed-up polymer investments in the country.
Download the white paper to read about the historical and forecast evolution of polyolefin supply and demand in the Middle East
Prices for propylene oxide (PO) derivatives, monopropylene glycol (MPG) and di-propylene glycol (DPG), have increased in April, as a series of plant turnarounds have impacted PO supply. The largest hikes were seen for DPG for structural supply-related reasons.
This animated infographic illustrates the spate of PO/MPG plant maintenance turnarounds for a number of suppliers during the spring as well as other PO-related news.
The Nord Stream 2 pipeline is expected to flow gas directly from Russia to Germany by 2019, potentially leading to a drop in the volume of Russian gas transported through Ukraine. ICIS spoke to the CEO of NET4GAS about how the Czech transmission system operator is planning to adapt to the changes.
This ICIS market highlight looks at whether the pipeline would likely alter the dominant direction of gas flow in central Europe.
The MMA market has reached a potential turning point, with the first signs of upward pressure in the markets for some time. Read our latest whitepaper on ‘Shifting tides in the global MMA and PMMA markets’ to learn more about the impact of firming prices in Asia on the European MMA and downstream polymethyl methacrylate (PMMA) markets.
The ICIS intra-day forecast is extremely accurate and even simple hypothetical trading strategies enabled high trading profits last year.
See the benefits for yourself with a free, two-month trial to the ICIS intra-day auction forecast and access three daily forecast runs.
The EU aims to establish more market-based and harmonised renewable energy subsidy systems across Europe without jeopardising the growth of green power capacities towards the targets member states have agreed on. This infographic gives an overview of how European countries are progressing towards achieving this aim.
This whitepaper written by senior Editor Linda Naylor explains the impact that HDPE plant closures will have on European Buyers.
ICIS Consulting believes a price floor has been reached for benzene after contracts increased for the first time this year in all three regions. Stronger crude oil and feedstock prices as well as healthy demand from downstream styrene markets will support higher prices in the second quarter of 2016.
The Netherlands was a net winter importer of high-calorific natural gas for the first time in at least four years in the season just passed, as Dutch fundamentals continued to adapt to the new scenario of reduced low-calorific gas production from the Groningen field.
ICIS looks ahead to how this trend is set to develop over the coming months and what impact it could have on summer flows.
The liberalisation process of energy markets in Southeast Europe has been moving forward since the beginning of this year, with three Balkan countries recently introducing day-ahead power exchanges.
“Taiwan’s Formosa Plastics Corp (FPC) announced its polyvinyl chloride (PVC) May-lifting offers to India, China, southeast Asia and other regions at $30/tonne firmer, a move likely to be followed by other producers, market sources said on Tuesday.”
Full article available in the link below.
Polyethylene (PE) buyers are again under pressure to pay more in April, and sellers are looking to improve margin, despite the spread between ethylene and polyethylene already being very high- more than double what it was at the end of 2014. Supply has tightened and the overhang from 2015 supply issues hangs in the air.
ICIS will be hosting a webinar that looks into the market situation of the Asia styrenics chain – styrene monomer, polystyrene, ABS and EPS. Analysing supply and demand fundamentals and the near-term outlook of where the market is headed, this webinar helps identify potential opportunities and challenges in the Asian styrene markets.
European benzene spot prices moved lower following the April contract settlement. However, upward momentum on crude oil and some production issues in the US last week could reverse this trend.
As Europe prepares to absorb more LNG from around the globe and traditional natural gas storage charges, based on the summer-winter spread, provide less of an incentive to hold volume back in reserve for high-demand period, operators are increasingly looking at new ways to reach a wider customer-base.