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 para/ortho-xylenes weekly publications.
The consultation asks both general questions about the suitability of the ICIS pricing methodology and questions addressing specific para/ortho-xylenes market issues.
Click here to view the Para Ortho-Xylenes Methodology Consultation 2021
There were two formal responses to GMC09/21, but no consensus on changing the Europe contract price assessment methodology. ICIS will not be proposing any immediate changes to the methodology of the para/ortho-xylenes report. 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 para/ortho-xylenes 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