ICIS-LOR To Launch Chinese Language Polyethylene Report

Singapore - ICIS-LOR, the global market pricing and intelligence service for the oil and chemical industries, is launching a new polyethylene report written in Chinese and focussed on the Chinese domestic market.

Launched in response to industry demand, the report will include assessments of China domestic market prices and provide insight on the market relationships between China and its key trading partners in Europe and the United States.

"China is a key polymer market that has significant influence on price trends globally. The entry of new polymer joint ventures into China has created increased interest from local and international companies on how the Chinese domestic market works. We felt the time was right to produce our first report written in Chinese by full-time reporters in China," said Andy Soloman, Global Editorial Director for ICIS-LOR and ICIS news.

ICIS-LOR's China CFR price assessments are already widely used in the global market as a benchmark for settling transaction prices. The new Polyethylene (China) report complements existing ICIS-LOR weekly polyethylene pricing assessments offered in reports covering Europe, Asia, Latin America, the Middle East and the United States.

"Our aim is to provide customers in China with the latest information on the global markets, whilst also providing both Chinese and international customers with new assessments of domestic Chinese trade. We hope that this report will be the first of many, and will provide reliable and robust information to support our customers' decision making in this exciting and volatile market," said ICIS Publisher Christopher Flook.

SOURCE: ICIS-LOR