The Quarterly S&D Outlooks offer an overview of market conditions for the previous three months and expectations for the current quarter. The content is based on market feedback and estimates by the ICIS editorial team. The reports cover six commodity groups with 47 chemicals and five fertilizers. These reports are not intended to be used as a price forecast or as an indicator of potential price movements in the markets covered. ICIS accepts no liability for commercial decisions based on the content of the reports. Unauthorised reproduction, onward transmission or copying of these reports in either electronic or printed format is illegal.