LONDON, October 31, 2013 /PRNewswire/ --
Leading petrochemicals market intelligence provider, ICIS, has announced new coverage for the global recycled polyethylene terephthalate (RPET) market with the launch of a new weekly US price report.
Until now, gaining a clear view across the whole market via a single source has been difficult for US players. This dedicated North America report will give access to all the information needed to maximise opportunities in the local and global markets.
Domestic demand for recycled material in North America is growing and, at the same time, political pressure is pushing companies to recycle more than ever. The result is an increasing supply of recyclable material and significant market opportunities. However, RPET prices must also be favourable compared with virgin PET if the market is to continue to grow. An additional factor that will impact the US market is the declining level of export volumes to China following the enforcement of the Green Fence policy.
As an independent source of pricing information, the new US report from ICIS covers both the East and West Coast FOB spot prices and also includes Mexico price assessments and virgin PET prices. Data is shown for bottle bales as well as recycled flakes and pellets, providing in-depth coverage of the various product grades. To complete the picture, further information is included on upstream feedstocks as well as commentary on influential downstream export markets such as China and India.
The breadth of price assessment coverage, both in terms of grades and geography, along with the added value key market analysis and news, makes this report a 'must-have' information source for US RPET market players.
ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.
With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier,Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.
About Reed Business Information
Reed Business Information brings market leading brands to an audience of millions of decision makers worldwide through its multi-platform media of data services, online lead generation services, community websites, magazines and events. Reed Business Information is part of Reed Elsevier, a world leading provider of professional information solutions in the Science, Medical, Legal and Risk and Business sectors.
For further information about this release, please contact:
+ Direct: +65-6780-4395