Background
ICIS is implementing a process of rolling consultation on all of its pricing methodologies. Consultation paper GMC05/20 is part of this formal process and covers all of the ICIS primary price points included in the acetic acid weekly publications. Acetic Acid Methodology Consultation 2020
Summary and Decision
The consultation asked general questions about the suitability of the ICIS pricing methodology. ICIS received no formal responses on this consultation. So ICIS will not be proposing any immediate changes to the methodology of the acetic acid reports. Any decision to change this methodology will be communicated to subscribers using the usual channels and with the usual notice period.
ICIS continues to welcome any feedback on its acetic acid methodology outside of the formal consultation process.
To provide further comments or feedback please contact Barbara Ortner, Head of Market Reporting: Barbara.Ortner@icis.com