IHS Chemical Launches Market Daily Service, Delivering Daily Pricing Data Combined With Market Insights and Analysis
September 29 2014 - 1:00AM
Business Wire
Offering builds on unparalleled IHS repository of upstream and
downstream expertise
IHS (NYSE: IHS), the leading global source of critical
information and insight, today announced it has launched the IHS
Chemical Market Daily Service, a new resource for global daily
chemical spot pricing, market intelligence and critical metrics
that leverage the depth and breadth of price discovery and reliable
industry expertise for which IHS Chemical has long been known. Live
market and pricing data, as well as relevant supporting information
and analysis, will be presented in the form of four daily
reports.
Initially, the daily reports will cover North American olefins
and polyolefins, North American aromatics, European aromatics and
Asian aromatics. In addition to daily pricing metrics, market
commentaries and market-moving news, the reports will address
issues such as global arbitrage, ethylene cash-costs, export
profitability and propylene inventories, among others.
“Our customers have long relied on our market advisory services,
our industry experts, and our monthly and annual world chemical
analyses and forecasts, but they have asked us to build on that
wealth of analysis and provide a daily offering that was
price-focused, and we are pleased to deliver on that request with
the Market Daily Service,” said Dave Witte, senior vice president
of IHS and general manager of IHS Chemical. “The key for us was to
exceed anything that currently exists in the market, since basic
pricing data is available from other sources, so we’ve added other
unique metrics, but the real differentiator is that our pricing
analysis is built by experts with decades of specific industry
expertise as a foundation. This experience is essential to
understanding the prices in a proper context, and to providing the
most accurate, current and insightful market service
available.”
Beyond that, Witte said, the offering is more useful to
customers because it is intertwined with the vast resources of
upstream and downstream knowledge that IHS provides, which extend
to industries beyond the chemical value chain.
“The IHS Chemical Market Daily Service leverages the price and
market forecasting that IHS is famous for, so we can provide our
customers with pricing insight today and valuable perspective on
what it means tomorrow and beyond,” said Samantha Hartke, director
of the IHS Chemical Market Daily Service. “Our goal is to elevate
the market expectation for pricing insight by providing a one-stop
shop for our customers, so they get the daily market intelligence
and pricing they seek, but also the reassurance that our insight is
backed by experts for longer-term forecasting and analyses. In
addition, IHS Chemical offers special report coverage, which is
something the competitors just don’t offer. No one else can provide
that depth and breadth of industry experience like IHS.”
Hartke leads a global team of analysts who are geographically
positioned to ensure timely access, analysis and reporting on
changing market or pricing conditions. In addition to enlisting the
expertise and insight of IHS subject matter experts, the service
will also leverage news feeds provided by IHS ChemicalWeek, the
leading news source for chemical news and information for the past
100 years.
Hartke said the IHS Chemical Market Daily Service is also
intended to meet the needs of individuals who do not subscribe to,
nor have a need for, the IHS market advisory services. “Some
customers, such as traders, brokers or others involved in buying
and selling of chemicals or related products, may only want daily
pricing,” she said, “so we are offering a separate package for them
to enable them to take advantage of our daily pricing insight.”
To speak with Witte or Hartke, please contact
melissa.manning@ihs.com, or press@ihs.com. For more information on
subscribing to the IHS Chemical Market Daily Service, please
contact Becky Donham at becky.donham@ihs.com.
About IHS
(www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight
and analytics in critical areas that shape today’s business
landscape. Businesses and governments in more than 165 countries
around the globe rely on the comprehensive content, expert
independent analysis and flexible delivery methods of IHS to make
high-impact decisions and develop strategies with speed and
confidence. IHS has been in business since 1959 and became a
publicly traded company on the New York Stock Exchange in 2005.
Headquartered in Englewood, Colorado, USA, IHS is committed to
sustainable, profitable growth and employs more than 8,000 people
in 31 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and
product names may be trademarks of their respective owners. © 2014
IHS Inc. All rights reserved.
IHS Inc.News Media Contact:Melissa Manning, +1
832-458-3840melissa.manning@ihs.comorPress Team, +1
303-305-8021press@ihs.com
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