Pricing and market intelligence service provider ICIS Pricing, US, has announced that it will launch its first weekly contribution margin report for the European Polyethylene market on November 30, 2007.
The report examines commodity contributions across the business chain from naphtha feedstock to crackers and through to polyethylene. With huge sensitivity to the volatile impact of oil and refined product prices, ICIS has decided to bring together this critical data analysis into a single report. The new report seeks to help players focus on the real cost drivers that are relevant for the majority of the business. It provides simple and prompt signals on the shape of business contributions, informing market positioning by sellers, buyers and traders.
The weekly two-page report will bring up-to-date data tables and charts that are ready to use in business discussions and decision making processes. Equivalent Asian and US reports are slated for launch early next year.
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