ICIS Benchmarks

As the largest, most recognised provider of commodity benchmark prices around the globe, you are sure to find what you need.

ICIS covers over 180 commodities across five regions – far more than any other provider. As well as mainstream chemical, energy and fertilizer benchmarks, we also cover downstream products, providing a complete picture including derivatives, putting you in a stronger position to optimise your trades.

ICIS benchmarks can save you time. No need to conduct time-consuming research into what other market participants are paying; you can agree contracts quickly and positively at a price both parties feel confident reflects true market value. You can also check benchmark history for a complete picture of price trends.

The market experts who produce our detailed reports are also monitoring and reporting our benchmarks. So, if you need information or analysis to support your benchmark price, ICIS offers a consistent viewpoint for global and local commodity markets.

• Assurance and reliability: Researching market prices requires significant resources to do accurately. By using an ICIS benchmark, you know we have carried out a comprehensive assessment and reached a reliable and impartial point of view that is trusted by all market participants.
• To ensure fairness: Our independence and impartiality means that buyers and sellers are happy to adopt our benchmarks as a fair reflection of current market value.
• To speed up negotiations: Setting a contract price using a benchmark is the fastest and most effective way to close a deal.

Our benchmarks are based on data gathered by ICIS editors through thousands of interactions each week with a wide cross-section of participants in each market, including consumers, producers, traders and distributors.

We adopt a rigorous methodology and every benchmark is checked, verified and free from conflict of interest – trusted by buyers and sellers around the globe. Most importantly, ICIS is independently audited by PwC to ensure it meets the principles for price-reporting agencies set by the international regulatory body IOSCO.

Benchmarks in some very liquid markets are updated daily, while those in less-active markets are published weekly. We also provide monthly averages, which are preferable for some types of contracts.

We report on over 180 commodities across five regions. Our methodology and assessment processes are rigorous – every benchmark is guaranteed to be checked, verified and free from conflict of interest. That’s why ICIS benchmarks are trusted implicitly by traders and negotiators, every day, around the world.

ICIS benchmarks are also backed up by in-depth market knowledge; the market experts who produce our detailed reports are also monitoring and reporting our benchmarks. For any additional information or expert analysis to support your benchmark price, ICIS offers a consistent viewpoint for global and local commodity markets.