Last updated on April 17, 2014 at 14:30 EDT

ICIS Launches a Monthly Price Forecast Report on European Polypropylene Markets

April 3, 2013

SINGAPORE, April 3, 2013 /PRNewswire/ –

The trusted petrochemicals market intelligence provider, ICIS, launches the first of a
new suite of price forecast reports
[http://www.icis.com/Chemicals/channel-info-about/Price-Forecast-Reports/?cmpid=SOC|CHEM|CHPRI-2013-GLOBAL-NPL-EuropePPforecast_pressrelease&sfid=70120000000dwUN ]
. Covering the
volatile European polypropylene (PP)
[http://www.icis.com/chemicals/polypropylene/europe/?cmpid=SOC|CHEM|CHPRI-2013-GLOBAL-NPL-EuropePPforecast_pressrelease&sfid=70120000000dwUN ]
markets, the 12-month price forecast
report is a valuable tool for industry players looking ahead.

PP markets in Europe have proved volatile throughout 2012 and into 2013, a trend
analysts expect to continue. High oil and raw material prices, coupled with weak demand
from Europe, have made trading conditions difficult. The added supply-side pressures
caused by volatile feedstock prices have compounded the problems faced by traders,
producers and buyers of PP and related products.

The new Polypropylene (PP) Europe price forecast report
[http://www.icis.com/Chemicals/channel-info-about/Price-Forecast-Reports/ICIS-Polypropylene-PP-Europe-Price-Forecast-Report/?cmpid=SOC|CHEM|CHPRI-2013-GLOBAL-NPL-EuropePPforecast_pressrelease&sfid=70120000000dwUN ]
reduces uncertainty when setting contract prices,
importing, budgeting or trading PP as it gives an informed view on where prices are
heading over the next 12 months. The concise report format contains a wealth of
information on forecasted prices for PP and its raw materials as well as data on margins,
capacity, supply and demand. The data tables and graphs can be reviewed at a glance as
well as facilitate fast and effective decisions.

An assessment of how the market is feeling about prices is included. The ICIS
‘Sentiment Index’ uses views collated from a broad cross-section of PP market players and
shows whether the market expects prices to be higher or lower next month and in three
months’ time.

“At a time when markets remain volatile, this new price forecast report is designed to
help PP players make more confident decisions in the short and midterm. Knowing which way
the market is heading, including having an insight into upstream activity, makes a real
difference in today’s increasingly uncertain world.” commented Ian Elway, ICIS Product

Our ICIS Consulting group will be launching additional PP price forecast reports for
the US and Asia shortly
[http://www.icis.com/Chemicals/channel-info-about/Price-Forecast-Reports/?cmpid=SOC|CHEM|CHPRI-2013-GLOBAL-NPL-EuropePPforecast_pressrelease&sfid=70120000000dwUN ]

Contact our sales team to find out more about ICIS price forecast reports
[http://www.icis.com/contact/enquire-about-enquire-about-icis-price-forecast-reports/?cmpid=SOC|CHEM|CHPRI-2013-GLOBAL-NPL-EuropePPforecast_pressrelease&sfid=70120000000dwUN ]

About ICIS:

ICIS [http://www.icis.com ] is the world’s largest petrochemical market information
provider, and has fast-growing energy and fertilizer divisions. Our aim is to give
companies in global commodities markets a competitive advantage by delivering trusted
pricing data, high-value news, analysis and independent consulting, enabling them to make
better-informed trading and planning decisions.

With a global staff of more than 700, ICIS has people based in Houston, Washington,
New York, London, Montpellier, Dusseldorf, Milan, Mumbai, Singapore, Guangzhou, Beijing,
Shanghai, Yantai, Tokyo and Perth. The team covers over 180 commodity markets, and has
in-depth knowledge across markets in upstream and downstream.

        For further information about this release, please contact:
        Natasha Pilapil


Source: PR Newswire