From highly established markets, such as European Gas, to newly developing commodities such as r-PET, ICIS delivers reliable, trusted and independent pricing data to enable efficient trading
Dealing with high volatility
Commodity markets are opaque, particularly now with high volatility in upstream markets such as Crude oil and reduced demand for end products due to Covid-19. This lack of visibility creates significant risks for market participants. Agreeing on fair and reliable purchasing contracts is challenging in these circumstances. Sudden, unexpected changes to market conditions make it essential to have up-to-date pricing intelligence on which to base purchasing decisions.
China pricing & insight
China remains one of the most influential players across the globe; changes in supply, demand and prices have a significant impact on regional and global markets. China is the world’s largest importer of chemicals and the third-largest consumer of chemicals and has tremendous influence. Its growth rate continues to outpace by far other major chemical-producing regions. Therefore, it’s vital to understand and keep track of market movements.
ICIS has long been recognised as a reliable source of information on the Chinese markets, providing comprehensive pricing intelligence, real-time news, supply and demand data, in-depth analysis and consultancy support. Locally based experts compile reports and analysis in both English and Chinese, to support market participants within Asia, as well as international players seeking to trade or invest in China. It’s vital for domestic and international market participants are able to access reliable and accurate information on pricing, fundamentals, market drivers and trends, as well as informed insights into where markets are heading to inform contract negotiations, strategy setting and planning.
What our customers say
Hong Kong Petrochemical
“Our clients recognise ICIS prices as an independent benchmark. Using ICIS price assessments in our purchasing contracts saves us time and helps us secure an appropriate supply of feedstock for our plants at the reasonable price.”
“ICIS price forecasts have helped us allocate resources smartly and efficiently, to anticipate price changes, and to buy PP at favourable prices. The reports have saved our internal team a lot of time and effort when analysing pricing trends.”
“By providing trustworthy, comprehensive and transparent insights into industry margins and price points, ICIS helps us optimize selling opportunities and be accurate in our sales strategy.”
What intelligence does ICIS provide?
ICIS has been providing pricing intelligence for key commodities for almost 40 years. Our numbers are globally referenced in contracts with benchmark positions in key active markets. When you subscribe to ICIS pricing reports, you get more than just price assessments. You get access to the following on the ICIS dashboard:
Price assessments – trade & market developments
Price historical data & charting
Coverage of price & market movements
Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.
Want to learn about how we can work together to bring you actionable insight and support your business decisions?