ICIS publishes pricing information which you can use in settlements and contracts in order to optimise your deals and negotiations.
Use the independent price assessments and market coverage in our price reports to track the regional ethylene market.
Use ICIS information to:
- Understand price drivers and fluctuations
- Develop internal analytical models
- Negotiate deals with confidence
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 Asia 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.
Updated to Q4 2016
CFR (cost & freight) northeast (NE) Asia spot ethylene prices dipped 7.25% to $960/tonne in mid-November from early October, near their lowest levels since February 2016, pressured by ample supply of non-regional cargoes despite buoyant demand.
Improved derivative margins in the styrene monomer (SM) sector and an expected increase in derivative plant utilisation rates however, contributed to the recovery in spot prices by 16.70% from mid-November to around $1,120/tonne CFR NE Asia by early December, as some buyers were inclined to stock up cargoes ahead of the conclusion of discussions for 2017 term supplies.
Some discussions for 2017 term contract were heard in progress with offers on a ICIS CFR NE Asia-linked basis plus premiums ranging from $40-55/tonne. One key buyer in China was further said to be shoring up its inventories in the event that operations from a new methanol-to-olefins (MTO) plant were unstable. China's Fund Energy was widely heard to be eyeing to start up its MTO plant in Changzhou on 21 December 2016, several sources familiar with the situation said. This could not be officially confirmed, but a company source has not ruled out that possibility.
ICIS provides comprehensive coverage of the ethylene market in Asia. In recent years the spotlight has been focused on Asia where rapidly growing economies such as China and India have fuelled strong demand for petrochemical products.
As such, the price movements for ethylene, a major feedstock for petrochemicals, are closely watched by the industry.
Therefore, we offer both daily and weekly coverage of the Asia market to meet the demand for news and information.
We also provide daily real-time price updates through our price alerts and news snapshots.
In the reports, we track the prices of ethylene imports into northeast Asia (NE Asia) and southeast Asia (SE Asia) through deals and discussions heard during the week.
We monitor cracker developments closely in the region and cover any turnarounds or outages that could have an impact on the market.
The ethylene weekly report has sections on freight rates and contract prices in addition to the spot information.
ICIS in Asia has reported on the ethylene market for close to 20 years and we have established a wide contact base of producers, buyers and traders in a market that is not openly transparent.
Our published prices are considered essential by our customers as they are used as key benchmarks for contract negotiations.
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 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 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.