ICIS Pricing Launches New Propylene Daily Asia Price Report
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Mon, 09 Nov 2009 06:01:17 GMT |
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ICIS Pricing |
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SINGAPORE, November 9 /PRNewswire/ -- ICIS pricing, the leading price
reporting service for the global chemical industry, is extending its
commitment to bringing up-to-date market information to customers by
launching a new Propylene Daily Asia report.
Propylene prices remain volatile, making it a challenging environment for
negotiations between buyers and suppliers. The uncertainty surrounding
commodity prices makes it almost impossible to predict what business
conditions will be like through to the first half of 2010.
"With the launch of the Propylene Daily Asia report, ICIS pricing
continues to provide industry players with up-to-date, concise yet
comprehensive pricing information," said Steve Tan, Managing Editor, ICIS
pricing. "We are excited to launch a service that will help industry players
compete globally and function efficiently in these challenging times."
Given that naphtha cracker operators in Asia have adopted a highly
flexible operating rate, demand supply balances are highly changeable, adding
to volatility, he added. Cost pressures from daily naphtha fluctuations,
variable demand supply balances and daily changes in domestic Chinese pricing
also provide the impetus for daily information on propylene.
The Propylene Daily Asia report provides CFR SE Asia, NE Asia and FOB NE
Asia price assessments, capturing deals and market conditions in the key
regions. This will be the second daily report launched by ICIS pricing, after
the Ethylene Daily Asia report.
ICIS is the leading benchmark for propylene purchasing contracts used by
some of the largest suppliers and purchasers around the world. The industry
has recognised the importance of having ICIS pricing reports as an
independent and unbiased source of intelligence to help them in their
business decisions.
Request a sample copy of the Propylene Daily Asia report from ICIS
pricing at
http://tinyurl.com/kl7c2n or by emailing sales.ap@icis.com
For more information on ICIS pricing, visit http://www.icis.com
Notes to Editors:
ICIS pricing
ICIS pricing (http://www.icis.com), an independent pricing and market
intelligence service from ICIS (http://www.icis.com), provides petrochemical
and oil markets with reports published daily, weekly or monthly on more than
120 commodities. The pricing information is gathered by teams of experienced
reporters in London, Houston, Singapore and Shanghai to offer the most
complete, authoritative and up-to-the minute independent market information
available. For further information on ICIS pricing and ICIS news, please
visit http://www.icis.com
Reed Business Information
ICIS (http://www.icis.com) is part of Reed Business Information (RBI), a
division of Reed Business and a member of Reed Elsevier plc, the world's
leading publisher and information provider. RBI publishes more than 100
market leading publications, directories and online services, and organises
many industry conferences and awards. The RBI portfolio includes Computer
Weekly, Caterer & Hotelkeeper, Commercial Motor, Community Care, Estates
Gazette, Farmers Weekly, Flight International, New Scientist, Travel Weekly,
Totaljobs.com, Caterer.com, CWJobs, Estates Gazette Interactive (EGi), ATI
(Air Transport Intelligence), ICIS, Kellysearch, Kompass UK, and Bankers'
Almanac. For a full listing visit http://www.reedbusiness.co.uk
For further information please contact:
Sheila Seow
ICIS pricing
Tel: +65-6789-8828
Email: sheila.seow@icis.com
SOURCE ICIS Pricing
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