Argus today has launched a new global weekly market reporting service – Argus Ethylene Oxide and derivatives.
The service was developed in response to demand from industry participants who need alternative price references, critical market analysis and data for products along the entire ethylene oxide (EO) and derivatives value chain.
The resulting service, including a weekly market report, is best in class at delivering these requirements for industry participants in a timely weekly manner.
The latest regional price assessments are available for purified EO, ethylene glycols (MEG, DEG and TEG) and ethanolamines (MEA, DEA and TEA), all in a single global service.
Detailed regional market commentary is included with coverage of these key products, but also referencing developments in other EO derivatives, including ethoxylates, alkoxylates, E-series glycol ethers and PEG.
Industry participants need context to understand what is driving price changes on a weekly and monthly basis. Additional data and analysis are included in the service to provide such insights.
The EO capacity curtailed tables show monthly capacity lost on a plant-by-plant basis. Industry participants can see when supply theoretically should structurally tighten due to a period of planned maintenance and unplanned outages.
Analysis of vessels on the water shows when product should be arriving at key importing regions. Vessel delays can change the market sentiment and lead to tightness in availability.
Visualisation of trade data provides a view of trade flow trends over time. Such data can be used to understand a country’s trade partners for specific products and in strategic analysis projects including market sizing, budget planning and identifying new import/export opportunities and threats.
The service is essential for anyone exposed to the global EO and derivatives market, such as producers, consumers (PET/polyester, antifreeze, FMCGs, pharmaceuticals, paints and coatings, agriculture, oil and gas and polyurethanes), distributors and trading firms, banks, investors and financial services companies.
Producers and consumers of EO and derivatives (such as MEG consumers in PET/polyester or antifreeze) can use Argus prices to support spot and contract price negotiations. Our independent view, data and market analysis can help underpin negotiations, budget planning and commercial management strategies. The capacity lost analysis and vessel-tracking analysis can be used to identify and confirm sales and marketing opportunities for sellers, whilst buyers can get ahead of supply disruptions, or capitalise on abundant supply.
The service provides deep value to companies active in the EO and derivatives industry.
It enhances market understanding with an integrated joined-up approach to market coverage – price assessments for regions around the world and detailed analysis along the value chain for multiple products in a single service.
Importantly, it can save you time as well. It collates detailed global analysis into a single weekly report delivered conveniently and directly to your email inbox, enabling market participants to undertake other high-value responsibilities.
Argus is bringing its rigour for price reporting to these markets too. As a trusted independent source, assessments are underpinned by a transparent methodology that is aligned with product specifications and the pricing mechanisms. Prices can be easily accessed through the report, the Argus Direct platform, or the Argus Excel Add-in or through channel partners, and the price methodology can be explained by Argus editorial and business development colleagues. Prices are reliable, accurate and convenient for use in contract formulas.
Request a sample and learn more about the Argus Ethylene Oxide and Derivatives service here.
Author name: James Elliott
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