ICIS Pricing Launches Weekly Asian Polypropylene Margin Report
By Icis Pricing, PRNESunday, August 8, 2010
SINGAPORE, August 9, 2010 - ICIS pricing, the leading price reporting service for the global chemical
industry, has added a weekly polypropylene (PP) margin report to its series
of Asian margin reports.
The new ICIS pricing weekly Polypropylene Asia Margin report models the
integrated production of polypropylene from both naphtha (steam cracker) and
propane (propane dehydrogenation) feedstocks. The report assesses producer
integrated cash costs and margins by modelling feedstock and key variable
costs, co-product credits and product yields across the production chains.
The standalone production of polypropylene from propylene is also considered.
Combining ICIS pricing's benchmark price assessments with feedstock yield
models from leading engineering contractor Linde Engineering, the report
offers an authoritative and independent measure of how the volatile business
environment is affecting cash margins. Current market factors such as
softening polymer and propylene prices, rising inventory levels in
end-markets, particularly China, and competitive import pressures from new
regional capacities and the Middle East, all contribute towards price and
margin volatility. This transparency of market dynamics provides buyers,
sellers and traders with a basis for informed decisions on market
positioning.
"An increasing number of our customers are looking for new referencing
mechanisms for their long-term business needs," said Paul Ray, Head of Data &
Analytics, ICIS. "This report opens the door for providing consistent,
dependable and independent referencing to cost and margin data."
The concise 3-page report includes charts, tables and bullet-point
summaries, giving a clear indication of both short-term and long-term trends.
The launch of the Polypropylene Asia Margin report builds on the success
of existing Asian Ethylene and Polyethylene margin reports.
ICIS publishes trusted pricing information and analyses the factors
driving the chemical industry. ICIS weekly polypropylene pricing reports are
widely used for benchmarking and market intelligence, to underpin commercial
contracts and to support key business decisions.
ICIS pricing's full portfolio of margin reports and a video of how they
are compiled can be found at www.icis.com/margins
Request a sample copy of the Polypropylene Asia Margin report from ICIS
pricing at tinyurl.com/343h3p5 or by emailing sales.ap@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: Kirsty Fleck ICIS pricing tel: +44-208-652-8377 email: Kirsty.fleck@icis.com
For further information please contact: Kirsty Fleck, ICIS pricing, tel: +44-208-652-8377, email: Kirsty.fleck at icis.com
Tags: August 9, ICIS Pricing, Singapore