ICIS Support Hub

What is the CDI Integration?

Following the acquisition of CDI by ICIS in 2020, we have been working to integrate our people, processes and content. The final phase of the ICIS-CDI integration will occur in January 2024, where we will focus on aligning our datasets and content to ensure your business can benefit from the combined expertise of our teams.

Click here to watch Jason Brown, Head of Americas for ICIS and formerly president of CDI, explain the CDI acquisition.

When will the integration happen?

ICIS and CDI reports will be merged in January 2024.

How will the CDI Integration benefit me?

Customers will benefit from all the value in today’s CDI and ICIS reports, in a single report.

 

How do I know if my subscription will be impacted by this change?

If you are subscribed to reports that are due to be integrated, you will have received a service email on 02 November 2023, detailing how this change will impact you. Reports will have subscriber notes to also advise of the change.  We will also send a reminder in December 2023.  

Which reports will be merging? 

2024 ICIS Annual Publishing Schedule

In January 2024, we will be merging CDI and ICIS reports, as well as splitting some existing reports into two.  

Please find the full list of reports being merged below: 

CDI and ICIS report merger

When will the reports merge?

Week commencing 15th January 2024 for weekly reports, end of January for monthly reports. Further details will be provided in January 2024. 

Which reports are being split?

Five reports are being split (2 ICIS, 3 CDI). If you are a subscriber of any of the below reports, you will have access to both new reports.  

CDI and ICIS report split

 

Why are reports being split?

Some datasets will be split to better align the content between CDI and ICIS, as well as provide deeper coverage, such as spot prices. 

When is the report split happening?

Reports will be split at the same time as content being merged in January 2024.  

Will alerts for split reports also be split?

Your licenses will be updated to include both reports, and any existing alerts you have set up will also be migrated to the new reports. 

Will any content from the reports be lost after the split?

No, you will not be losing any content because of the report split. All the content in the current combined reports, will be found in the relevant new reports.  

What are the merged CDI/ICIS report monthly Forecast/Analytics publication dates?

2024 ICIS Annual Publishing Schedule

Will the commodity pages I have saved to “My Commodities” automatically update after they are split?

Yes. If you have a CDI/ICIS report saved to “My Commodities” which will be affected by the split, you will automatically see both new reports in your “My Commodities” section after the split.

Will the report splitting affect the charts on my home page?

Discontinued price series will be automatically removed; you will have to add the new series to your charts. 

What will happen to my commodity alerts?

Any existing alerts you have set up will also be migrated to the two new reports.  

What will happen to my price alerts?

If a price series has been discontinued, the price alert will no longer work. In this situation you will have to find the new price series and re-add it to alerts. 

How can I access the new pages that are being created?

Please use the search function on the platform to find the new pages. 

Will the change impact how often I get updated prices?

Monthly contract prices will continue to be updated monthly, but you may see the addition of spot prices depending on market activity. 

As a CDI customer, what additional features will I be able to access after the integration is complete?

Currently, a subscription to any CDI report provides you with monthly contract prices, price forecasts, market analysis, Import and Export data as well as an Economics summary. 

• Spot prices (where available) 
• Weekly market commentary (*these reports have monthly coverage, aligned to market activity) 
• News articles, published throughout the week, related directly to latest market activity.  
• Live disruption tracker 
• Margin analytics  
• Quarterly supply and Demand Outlook 

As an ICIS customer, what additional features will I be able to access after the integration is complete?

Currently, a subscription to an ICIS US report provides you with monthly and/or weekly price reports and market analysis, news articles related to the commodity markets, a Live Disruption Tracker and the quarterly Supply & Demand Outlook.    

In January 2024, you will gain access to: 

• Monthly price forecasts, including an 18-month rolling forecast 
• Margin analytics, with analysis of arbitrage opportunities and levers for price negotiation    
• Exports (Americas) 
• Imports (Americas) 

What is the price series re-mapping?

A small set of price series, where prices between CDI and ICIS reports overlap, will be remapped to prevent duplication once the above changes have taken place.  

Please click here to see the details. If you are an Excel plug-in or API user, please use this information to update your data.  

Are any of the CDI prices assessments going away or changing?

All CDI prices and methodology will remain the same, apart from the ones shown in the attached file:  

Please click here to find the list of CDI price assessments that will be remapped to ICIS price assessments.  

Will any CDI price series be discontinued?

One CDI price series will be discontinued to prevent duplication of assessments once the changes have taken place. Please click here. 

If you are an Excel plug-in or an API user, please use this information to update your data.  

Which ICIS price series are being discontinued?

Please click here to find the full list. 

Which ICIS price series are being re-mapped?

Please click here to find the full list.

When will the CDI and ICIS remapping and discontinuations happen?

In January 2024, we will replace the old series, with the new series, when the reports are merged. We will also stop assessing the prices that are due to be discontinued. 

How will I know that prices have been finalised?

Where a Pricing contract price has been replaced with a CDI contract price, the value first published may be an estimated value released on the usual day of publication.  

Commodities

When a price is estimated, the report will state that it is an estimated price. The prices are also marked with an ‘e’. Once the price is finalised, the price in the report will be updated, the ‘e’ will be removed. The report will clearly state when a price is final. We will also publish a news article containing the final price.

We encourage users to set up Price and/or news alerts so you are notified on the final prices via email.

Excel Plugin

Estimated prices are updated in the Plugin and once they are finalised, upon refresh, they will appear in red.

API api.icis.com

Once the price is finalised the updated price will be available to retrieve via the API. Customers are advised to include the following in their scripts to identify a final price: <compare field=”f:is-estimated” op=”eq” value=false”/>

SFTP

Once the price is finalised, the PRC file will be regenerated containing the finalised value.  

SFTP customers are advised to set up alerts via the ICIS Clarity platform to receive a notification via email when a price has been finalised. Please click here to find how to create alerts. 

How will I be notified when prices are finalized?

There will be an announcement on the website and ICIS app as soon as the price is final.

 

Customers are advised to set up alerts via the ICIS Clarity platform to receive a notification via email when a price has been finalised. Please click here to find how to create alerts. 

When will MFA be discontinued?

MFA and single commodity reports will be discontinued in December 2023. The final report will be published on 6th December 23. Most of the content available in MFA will be available in alternative offerings.  

Your account manager will be in touch with you to discuss next steps.  

Why is MPA being discontinued?

The CDI MPA report will be succeeded by individual ICIS US reports from January 2024.   

When will MPA be discontinued?

The last MPA will be published on 20th December 2023.  

What content will I have access to after the discontinuation of MPA?

As a CDI MPA customer, from January 2024, you will find all the data and analysis from MPA in the corresponding ICIS report from this table.

Currently, a subscription to the CDI MPA report provides you with monthly contract prices, price forecasts, market analysis, Import and Export data as well as an Economics summary.  

 In January 2024, you will also have access to:  

• Spot prices with forecasts (where available)  
• Weekly market commentary for the more liquid markets  
• News articles published throughout the week, covering the latest market activities  
• Live Disruption Tracker, with updates on global plant status  
• Margin analytics, with analysis of arbitrage opportunities and levers for price negotiation  
• A quarterly Supply & Demand Outlook  

Who can I contact for more information?

Please reach out to your account manager or Customer Support at Support@icis.com 

What has changed for Methanol?

We have expanded our coverage of the Methanol US market by combining insights from our CDI and ICIS market experts, thereby aligning our Methanol US coverage.

On September 15, 2023, the first merged report was published integrating Methanol (CDI) Americas and Methanol ICIS to a single commodity page. As of September 13, 2023, all customers have been migrated to the ICIS Methanol US Foresight package.

What are the differences between the Methanol US price series?

CDI posts the higher of the two supplier prices in the US. ICIS publish both supplier contract prices as a range.

• Market list price ($/gal, FOB)
• CDI Contract Price ($/gal, FOB Barges)
• Methanol FOB USG Barges Contract Price
• Methanol FOB USG Barges Spot Price
• Methanol FOB US Barges Spot Price

Will the Methanol (CDI) Americas prices still be available?

Yes, prices will be available via the Methanol US report.

Where can I find the Methanol US report?

Click here to access the Methanol US report.

You can also add the Methanol US report to your ‘My Commodities’ section on ICIS Clarity. Click here to learn how.

What are the Methanol US publication dates? (Publication of the commodity page vs. publication of price)

Publication days for the integrated report will be Fridays.

Spot price forecast will typically be updated at the start of the month, and contract price forecasts will be updated around the third week of the month.

What historical content will I have access to?

You will get access to the CDI and ICIS archive of reports, as well as full price history for all price series.

Will my alert settings be migrated for Methanol?

Yes, commodity alerts for Methanol (CDI) Americas subscribers will be migrated to Methanol US.

You will now be receiving weekly alerts in line with the report publication frequency.

Click here to learn about kind of alerts ICIS offers and how to create one.

Will the Methanol (CDI) Americas or Methanol ICIS Editorial contact change?

You will now get two contacts, Josh Dillingham and Kevin Callahan.

What resources are available to help me with the US Methanol ICIS integration to the CDI price Index?

Training and On Demand Videos
One on One training via booking link

What are the next steps?

Customers will be notified via relevant channels. Messages around the new assessments will be posted on the ESGM report and on the ICIS Clarity platform throughout December 2023 and January 2024. Data as a Service customers will be notified separately through the usual channels around the changes and the names of the new files.

What exactly is changing?

ICIS is adding one daily assessment, the Danish gas Day-ahead assessment, and one weekly assessment, the Danish gas Weekend assessment. The Day-ahead assessment will be published every English working day, the Weekend assessment will be published every English working day preceding a bank holiday or a Weekend.

The new ICIS Danish gas assessments will follow the ESGM methodology.

What is happening?

ICIS will start assessing Danish gas contracts with delivery in 2024. From 29 December 2022 ICIS will publish the Danish gas Day-ahead contract on every working day and the Danish gas Weekend contract on the last working day of the week according to the British bank holiday calendar.

An updated version of the ESGM methodology containing the details of the new assessments will be uploaded on the ICIS website on 29 December.

What is the benefit of the new additions?

The new additions are expected to facilitate trading and attract liquidity on the Danish gas hub. Customers will be able to use the ICIS Danish gas assessments to mark position to market, for risk management, in pricing formulae of supply contracts, etc.

Who will be impacted?

All Gas Insight, Hindsight and Foresight customers.

Why are we doing this?

ICIS mission is to support its customers navigating changes in the energy markets and as such ICIS has been publishing European gas assessments for more than two decades. ICIS offering constantly expands to provide customers with assessments for established and emerging markets. From 2024, ICIS will add the Danish gas assessments to its series of assessments. This reflects liquidity developments in the Danish gas market following new infrastructure coming online and the fall in Russian flows to northwest Europe, which made Denmark an even more attractive transit hub for the region.

Until when will ICIS continue to publish Belgian gas/Zeebrugge assessments?

ICIS will continue to publish Zeebrugge implied transitional assessments at least until 1 October 2024. Prior to that, ICIS will consult the market on whether these assessments will be needed after October 2024.

What does the merger mean for ICIS gas assessments?

As of 1 October 2023, ICIS will start publishing Belgian Zeebrugge Day-ahead, Weekend and Month+1 implied transitional assessments. These will be implied assessments based on the ICIS ZTP assessment published on the day minus transport costs from the Zeebrugge interconnection point to ZTP.

ICIS will also continue to publish the Heren Zeebrugge Day-ahead, Weekend, Spot Weekend, Monthly and Daily Month-Ahead indices after 30 September 2023. As Zeebrugge contracts will cease to trade, these indices will be calculated in line with the ESGM methodology provision applicable when there are no eligible trades.

ICIS will continue assessing ZTP contracts already included in ESGM and will expand the number of ZTP assessments to include the Day-ahead, Weekend (on the final working session of the week), BOM, three months ahead, two quarters ahead, two seasons ahead and one year ahead from 1 October 2023.

ICIS will also add the conversion of the ZTP assessments in p/th.

ICIS held a consultation on its minded position between June and July and the decision is based on market feedback collected before and during the consultation process.

What is happening to the Belgian gas market?

The Belgian gas transmission system operator Fluxys Belgium has decided to merge the two existing Belgian hubs into one. From 1 October 2023 the Zeebrugge gas hub will cease to exist and the ZTP will become the only Belgian gas hub.

For more information, see here.

When will ICIS stop publishing Zeebrugge gas assessments?

ICIS will continue to publish Zeebrugge implied transitional assessments at least until 1 October 2024. Prior to that, ICIS will consult the market on whether these assessments will be needed after October 2024.

Why will ICIS continue to publish Zeebrugge assessments and indices after October 2023?

As of 1 October 2023, ICIS will start publishing Belgian Zeebrugge Day-ahead, Weekend and Month+1 implied transitional assessments. These will be implied assessments based on the ICIS ZTP assessment published on the day minus transport costs from the Zeebrugge interconnection point to ZTP. Therefore, ICIS will continue to publish Zeebrugge assessments, however the methodology based on which the assessments will be calculated will reflect the fact that the assessments will not reflect a traded market.

Will ICIS stop publishing Zeebrugge (or Zee) assessments?

As of 1 October 2023, ICIS will start publishing Belgian Zeebrugge Day-ahead, Weekend and Month+1 implied transitional assessments. These will be implied assessments based on the ICIS ZTP assessment published on the day minus transport costs from the Zeebrugge interconnection point to ZTP. Therefore, ICIS will continue to publish Zeebrugge assessments, however the methodology based on which the assessments will be calculated will reflect the fact that the assessments will not reflect a traded market anymore.

Will there be any change after October 2023 for Zeebrugge assessments?

From 1 October 2023, ICIS will start publishing Belgian Zeebrugge Day-ahead, Weekend and Month+1 implied transitional assessments. These will be implied assessments based on the ICIS ZTP assessment published on the day minus transport costs from the Zeebrugge interconnection point to ZTP.