ICIS is implementing a process of rolling consultation on all of its pricing methodologies. This consultation paper is part of this formal process and covers all of the ICIS primary price points included in the base oils weekly publications.
The consultation asks both general questions about the suitability of the ICIS pricing methodology and questions addressing specific base oils market issues.
Click here to view the Base Oils Methodology Consultation 2020
Summary and Decision
ICIS received no formal responses on this consultation. So ICIS will not be proposing any immediate changes to the methodology of the base oils 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 base oils 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