For clear insight into regional Ethylene markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Updated to Q4 2018
European ethylene supply was very lengthy throughout the fourth quarter despite ongoing technical issues at a couple of crackers, planned maintenances and restart delays at other sites. Low water levels on the Rhine continued to impact derivative product flows, and ethylene flows along the eastern ARG pipeline network were also reduced due to production issues in the region. European demand was soft but slowed further as is usual in the run up to the year-end while the ongoing uncertainty regarding the US-China trade war also weighed heavily on demand overall. A softening energy complex, and weak pricing in Asia limited export potential but heavy double-digit discounts against the prevailing contract reference prices persisted throughout the quarter for spot volumes.
European ethylene demand was soft during the fourth quarter. At the start, this was partly due to the logistic challenges impacting product flows in and out of derivative units in the Rhine area, but later on a weaker upstream market, the traditional year-end working capital considerations and bearish sentiment on the back of the US-China trade war uncertainties, all had a reducing effect on demand levels.
We offer the following regional Ethylene coverage to keep you informed of factors and developments affecting prices in the Europe Ethylene marketplace.
News & analysis
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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 Europe Margin Report Methodology
This document is intended to provide methodology support for customers receiving the ICIS Weekly Margin –Ethylene Europe report.
The ICIS European ethylene report is a benchmark report, which means that the prices that we publish are referenced widely in industry contracts.
We cover the contract market on a monthly basis and we quote prices on a free delivered (FD) northwest European-basis (NWE).
This is an industry agreed price, which means that key producers and key consumers exchange price ideas and negotiate to find a settlement in the last week of every month.
We also cover the spot market on the pipeline sector on a FD-basis and the deep-sea cost, insurance & freight (CIF) coastal sector.
Our prices are accurate and timely because we speak to people in the industry from a broad spectrum of producers, consumers and traders.
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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