ICIS Pricing Launches the Spot PX Trades Premium/Discount Assessment in its Xylenes Reports

By Icis Pricing, PRNE
Wednesday, April 20, 2011

SINGAPORE, April 21, 2011 - ICIS pricing, the leading price reporting service for the global chemical
industry, has launched the premium/discount assessment for spot PX trades
executed on the 50% Asia Contract Price + 50% spot average of published CFR
Taiwan/ China Main Port prices.

The first-of-its-kind assessment will enhance transparency for this
formula that has grown increasingly popular among market players recently due
to high levels of volatility.

It will also provide a more complete as well as comprehensive view of new
and emerging trade dynamics in the Asian spot PX market. The new quote will
provide a reliable and up-to-date price marker for buyers, traders as well as

The assessment is available in ICIS daily Xylenes report and weekly
Para/Ortho Xylenes (APAC) report

Request a sample copy of the ICIS Xylenes report from ICIS pricing at
tinyurl.com/ICISPXPR0411 or by emailing csc@icis.com.

Notes to Editors:

ICIS pricing

ICIS pricing, www.icispricing.com, an independent pricing and
market intelligence service from ICIS, provides chemical and oil markets with
reports published daily, weekly or monthly on more than 120 products. 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, please visit www.icis.com.

Reed Business Information

ICIS is part of Reed Business Information, www.reedbusiness.co.uk/
, (RBI), a division of Reed Business and a member of Reed Elsevier plc (525),
(UK:REL) (US:RUK) (NL:45443) the world's leading publisher and information
provider. RBI publishes over 100 market leading publications, directories and
online services, and organises many industry conferences and awards. The RBI
portfolio includes Banker's Almanac, Computer Weekly, Farmers Weekly, Flight
International, ICIS, Kellysearch, New Scientist, Personnel Today, Totaljobs
and XpertHR. For a full listing visit www.reedbusiness.co.uk

    For further information please contact:

    Melvin Tang
    ICIS pricing
    tel: +65-6780-4352
    email: Melvin.tang@icis.com


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