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 polyethylene weekly publications.
The consultation asks both general questions about the suitability of the ICIS pricing methodology and questions addressing specific polyethylene market issues.
Click here to view the Polyethylene Methodology Consultation 2022
Summary
ICIS received 2 written responses. This summary takes into account all responses.
One respondent asked for more information about the wide variety of discounts in the European market.
Another respondent requested weekly price data and commentary, together with forecasts for all global regions.
ICIS Decision
Discounts vary widely and information about their application is confidential between buyers and sellers, so ICIS is unable to extend coverage to include discount levels in Europe.
ICIS polyethylene forecasts cover three regions – Asia, Europe, Americas – and additional regional forecasts will be launched in 2022.