ICIS Consulting Launches New Supply and Demand Window for Chemicals Markets

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May 28, 2014, 01:00 ET

LONDON, May 28, 2014 /PRNewswire/ --

ICIS Consulting today announces the launch of a new 'snapshot' view of supply and demand data for chemicals markets. The ICIS Supply and Demand Window is an enhancement to the company's ICIS Dashboard online service which provides access to price quotes, news, historical and forecast information all in one place.

This is in response to clients requiring greater insight into longer term trading patterns to help bolster contract negotiations, future plans and investments. Kieran Cosgrove, Senior Consultant, Olefins and Derivatives at ICIS, says: "Until now, gaining access to accurate forecast data for global or regional chemicals has proved difficult for some market players. Although this information is available in a detailed format from ICIS and other specialist providers, it requires a significant investment in money and time to access and evaluate the most relevant historical and forecast data and create a summarised view."

To meet the needs of producers and buyers focused on specific chemicals, as well as traders and analysts operating in multiple markets, the ICIS Supply and Demand Window gives a top level 'snapshot' view of market trends five years back and looking five years ahead.

Users of the ICIS Dashboard can now add a Supply and Demand Window for one or more chemicals markets to their existing subscription service. The window is regularly updated with the most current information on production and consumption, imports and exports, capacity and utilization rates, ensuring complete accuracy.

ICIS is already a trusted provider of a range of price and market reports, market analysis and a detailed supply and demand database. This new service is a market 'first' that gives wider access to key information to more market players, and will help inform plans, budgets and forecasts for producers, traders and buyers across the chemicals spectrum.

For more information about the ICIS Supply and Demand Window please visit http://www.icis.com/supplyanddemandwindow

About ICIS

ICIS 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 our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.

With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo, Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.

About Reed Business Information

At Reed Business Information we provide information and online data services to business professionals worldwide. Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of Reed Elsevier, a leading global provider of data, information and solutions for professional customers.

For further information please contact:
Rose Harris, Senior Marketing Executive, ICIS
+44-207-911-1723

SOURCE ICIS