SINGAPORE, February 13, 2012 /PRNewswire/ --
ICIS, the respected price reporting service for the global chemical, energy and fertilizer industries, launches the weekly ICIS China Urea report that offers timely and in-depth market intelligence on China's urea production and exports. It provides domestic supply and demand data, analysis on China's trade activities and Chinese urea export price assessments, focusing on key regions in the east, north and south of China.
China is a major producer and source of urea for international buyers and its trade behaviours and policies strongly affect the global urea market and its prices.
The new report gives a detailed view of China's supply and demand situation. Market players are now able to gain access to the essential information needed to help their trade decisions and to understand better where urea prices are heading.
"China will remain a swing urea exporter and a wild factor in the market, as its urea capacity continues to grow. However, over the long term, the country will be short of energy and it is more likely that urea plants will be built to meet internal consumption and/or to replace inefficient and old capacity," Antonella Harrison (Head of Fertilizers, ICIS) and Lauren Williamson (Editor, ICIS) said.
"The new ICIS China report will help you understand these changes and their impact on global urea prices and bring much needed clarity to a market which has been traditionally difficult to assess," they added.
The ICIS China Urea report combines ICIS' international expertise in the global market and local knowledge from the ICIS China fertilizer team, based in Shanghai. It uses the robust ICIS methodology that is recognised by the global market.
Notes to Editors:
ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions.
ICIS aims to give companies in global commodity markets a competitive advantage by delivering trusted pricing data, high value news, analysis and independent consulting, enabling their customers to make better-informed trading and planning decisions.
With a global staff of more than 550, ICIS has teams based in Houston, Washington, New York, London, Milan, Montpellier, Dusseldorf, Mumbai, Singapore, Guangzhou, Beijing, Shanghai and Perth. The teams cover over 120 commodity markets and have in-depth knowledge across markets in upstream and downstream sectors in Europe, Africa, the Middle East, Asia Pacific and the Americas.
The business is a division of Reed Business Information Limited, part of Reed Elsevier
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