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 Q2 2019
Shipments from South Korea and Europe in the second quarter will be constrained by a series of cracker turnarounds. The production losses could be offset by increased regional capacities and downstream turnarounds in Japan. South Korea’s LG Chem and Hanwha Total Petrochemical’s added capacities totalling 540,000 tonnes/year will come on-stream in mid-April and the second half of June, respectively. Malaysia’s Pengerang Refining is expected to start up its 1,300 tonne/year cracker in the second quarter.
Demand from China is uncertain. Downstream operations could increase during the second-quarter manufacturing season but a month-long nation-wide safety inspection following a fatal plant accident may dampen the influence of the seasonal factor. Downstream markets such as monoethylene glycol (MEG) and polyethylene (PE) may remain bearish due to growing capacities in southeast Asia and the US.
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.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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.
HOUSTON (ICIS)--US gasoline prices have increased steadily in every month this year, leading up to the start of the summer driving season, which kicks off with the Memorial Day three-day weekend....Read
MOSCOW (MRC)--Russia’s January-April production of high density polyethylene (HDPE) fell by 2% year on year, with two producers out of four reduced their output, according to MRC’s ScanPlast...Read
LONDON (ICIS)--Polyethylene terephthalate (PET) prices in Europe continue to soften amiddisappointing offtake but, if customers have been surviving off stocks, better demand thanks to warmer weather...Read
HELSINKI (ICIS)--The European Chemicals Agency (ECHA) is in the process of developing proposals for additional regulation on intentionally-added microplastics in professional and consumer...Read
The 3rd ICIS Indian Surfactants Conference returns this October to Mumbai. With exclusive networking opportunities allowing you to engage in business discussions with existing and new industry contacts, a high-level speaker line-up providing you with important insights into the future of surfactants and industry-focused sessions highlighting the various market scenarios, this annual conference is an event you would not want to miss.