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ICIS pricing to Launch Asian Epoxy Resins Price Report

Published on 2006-07-18. Author : SpecialChem

Launched in response to demand for news and pricing information on Epoxy Resins in the region, the weekly Asia Epoxy Resins report will offer price assessments for imported and domestically produced Liquid Epoxy Resin (LER) trades in China. The two price quotes will be CFR CHINA (USD/MT) Delivered Eastern China (Chinese Yuan/MT).

China, which accounts for more than 50 percent of epoxy resin trades in Asia, was identified as the key market to kick off the report after speaking to market participants in the epoxy industry.

"We have chosen to start with a China price quote because of strong interest in pricing information and news about Asia's largest epoxy resins market," said ICIS editor Soo Hwee Peh.

Epoxy resins are versatile polymers used in the manufacture of adhesives, coatings (such as industrial and maintenance coatings in oil and gas pipelines), paints and structural parts needed by the automotive, aerospace and aircraft industries. The market is affected by developments in feedstock markets, in particular Bisphenol-A (BPA) and Epichlorohydrin (ECH).

The report will offer details about epoxy resins transactions for drummed cargoes, supply/demand balance in China, and import/export information updates. It will also touch briefly on developments in other Asian markets. Where applicable, the report will include information on developments in the upstream/downstream markets.

ICIS pricing

ICIS pricing is an independent pricing and market intelligence service from International Chemical Information Service (ICIS) that aims to provide petrochemical and oil markets with reports published daily, weekly or monthly on more than 120 commodities. This 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.

Reed Business Information

ICIS is part of Reed Business Information (RBI), a division of Reed Business and a member of Reed Elsevier plc, the world's leading publisher and information provider. RBI publishes more than 100 market leading publications, directories and online services, as well as organizing many industry conferences. The RBI portfolio includes Computer Weekly, Caterer & Hotelkeeper, Commercial Motor, Community Care, Estates Gazette, Farmers Weekly, Flight International, New Scientist, Travel Weekly, Totaljobs.com, Caterer.com, CWJobs, Estates Gazette Interactive (EGi), ATI (Air Transport Intelligence), ICIS, Kellysearch, Kompass UK, and Bankers' Almanac.

Source: ICIS pricing

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