General Methodology Consultation – Summary of responses
Following the recent announcement that ICIS would be launching a formal methodology consultation process, we have received a number of responses from key market players. To read the anonymised public responses please click on the links below.
ICIS received in total 3 formal responses.
One respondent requested that the Europe assessments should be changed from FD NWE to FCA or FOB Antwerp, and that Northwest Europe should be replaced by mainland Europe.
Another respondent requested that the Asia report should include acetic acid prices.
ICIS Initial Decision
ICIS will canvass industry sources to see if there is any support for the proposed alterations to the report, with a view to having a final decision by the end of Q2.
ICIS continues to welcome any feedback on its VAM methodology outside the formal consultation process.
To provide further comments or feedback please contact Barbara Ortner, Head of Market Reporting: Barbara.Ortner@icis.com
