ICIS publishes pricing information which you can use in settlements and contracts in order to optimise your deals and negotiations.
Use the independent price assessments and market coverage in our price reports to track the regional ethylene market.
Updated to Q3 2018
The regional production was constrained by cracker turnarounds in southeast Asia and Japan. Japan’s exports were further affected by reduced run-rates at the facilities of key supplier Maruzen Petrochemical and its affiliate Keiyo Ethylene from the end of June to the first half of August. The output losses were offset by healthy exports from some Asian integrated polyethylene (PE) producers that have cut production on weak margins, and an influx of Mideast and deep-sea cargoes.
China’s import demand was underpinned by the consistently strong styrene monomer (SM) margins, a rebound in ethylene oxide (EO) prices in the second half of July and new downstream capacity. Some buyers also built stock in preparation for a key domestic producer’s cracker maintenance shutdown during October to November. Spot requirements in Taiwan were low, as downstream output was affected by technical issues and poor margins, while term supply from Mideast and non-regional sellers was ample.
We offer the following regional Ethylene coverage to keep you informed of factors and developments affecting prices in the Asia Ethylene marketplace.
News & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Ethylene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
Ethylene is a colourless, odourless, extremely flammable compressed gas. It is slightly soluble in water and soluble in liquid hydrocarbons. It reacts with strong oxidants causing fire and is anexplosion hazard..
Ethylene Asia Margin Report Methodology
This document is intended to provide methodology support for customers receiving the ICIS Weekly Margin – Ethylene Asia report.
ICIS provides comprehensive coverage of the ethylene market in Asia. In recent years the spotlight has been focused on Asia where rapidly growing economies such as China and India have fuelled strong demand for petrochemical products.
As such, the price movements for ethylene, a major feedstock for petrochemicals, are closely watched by the industry.
Therefore, we offer both daily and weekly coverage of the Asia market to meet the demand for news and information.
We also provide daily real-time price updates through our price alerts and news snapshots.
In the reports, we track the prices of ethylene imports into northeast Asia (NE Asia) and southeast Asia (SE Asia) through deals and discussions heard during the week.
We monitor cracker developments closely in the region and cover any turnarounds or outages that could have an impact on the market.
The ethylene weekly report has sections on freight rates and contract prices in addition to the spot information.
ICIS in Asia has reported on the ethylene market for close to 20 years and we have established a wide contact base of producers, buyers and traders in a market that is not openly transparent.
Our published prices are considered essential by our customers as they are used as key benchmarks for contract negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Ethylene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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