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Last updated on April 21, 2014 at 5:21 EDT

ICIS Consulting Adds US Polypropylene to its Price Forecast Report Coverage

May 28, 2013

LONDON, May 28, 2013 /PRNewswire/ –

Petrochemical industry analysts, ICIS Consulting, have today added a new Polypropylene
(PP) US price forecast report
[http://www.icis.com/chemicals/channel-info-about/price-forecast-reports/icis-polypropylene-pp-us-price-forecast-report/?cmpid=SOC%7CCHEM%7CCHPRI-2013-GLOBAL-NPL-USPPforecast_pressrelease&sfid=70120000000eGVl ]
to their suite of specialist information tools. Based on
extensive analysis of the volatile US polypropylene markets
[https://www.icis.com/chemicals/polypropylene/us/?cmpid=SOC%7CCHEM%7CCHPRI-2013-GLOBAL-NPL-USPPforecast_pressrelease&sfid=70120000000eGVl ]
, the forecast report helps to reduce
uncertainty regarding future price movements.

The discovery of shale gas in the US, fluctuating raw material prices, and the
on-going global economic crisis, have all had a significant impact on PP trade in North
America. Not only have market players faced increasing difficulty when negotiating
contracts – price volatility has impacted the entire supply chain, from raw material
providers to end-user companies that purchase goods manufactured from PP.

The ICIS PP US price forecast report
[http://www.icis.com/chemicals/channel-info-about/price-forecast-reports/icis-polypropylene-pp-us-price-forecast-report/?cmpid=SOC%7CCHEM%7CCHPRI-2013-GLOBAL-NPL-USPPforecast_pressrelease&sfid=70120000000eGVl ]
helps to set contract prices, trade, budget or plan in
advance with enhanced confidence. The concise monthly report gives an informed view on
where prices for PP and its raw materials are heading over the next 12 months, as well as
data on margins, capacity, supply and demand. The data tables and graphs can be reviewed
at a glance and facilitate confident and effective decisions.

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

“This forecast report gives direction to those surviving the economic storm in today’s
polypropylene industry. By taking advantage of the knowledge and specialist skills a
professional analyst brings, industry players can make more confident decisions about what
the future holds. The concise format also means it’s easy to identify key market
information and react quickly.” says ICIS senior consultant and report author, James Ray.

ICIS has already launched an equivalent report for Europe
[http://www.icis.com/chemicals/channel-info-about/price-forecast-reports/icis-polypropylene-pp-europe-price-forecast-report/?cmpid=SOC%7CCHEM%7CCHPRI-2013-GLOBAL-NPL-USPPforecast_pressrelease&sfid=70120000000eGVl ]
.

Enquire about the PP US price forecast report >>
[http://www.icis.com/contact/enquire-about-icis-polypropylene-pp-us-price-forecast-report/?cmpid=SOC%7CCHEM%7CCHPRI-2013-GLOBAL-NPL-USPPforecast_pressrelease&sfid=70120000000eGVl ]

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
        Marketing
        natasha.pilapil@icis.com
        +65-6780-4395

SOURCE ICIS


Source: PR Newswire