Weekly magazine Polymer Scans starts journey tomorrow
Platts, a global energy, petrochemicals and metals information provider and a division of The McGraw-Hill Companies, has entered into a partnership with India's petrochemical information provider PolymerUpdate, to publish Asia-specific petrochemical market content.
The services will be available only to users in South Asian countries -- Bangladesh, Sri Lanka, India and Pakistan -- on subscription, said a statement.
Starting tomorrow, PolymerUpdate and Platts will jointly publish weekly 'Polymer Scans' which will cover the domestic and international market activities of polyethylene, polypropylene and polyvinyl chloride.
These reports will carry PolymerUpdate's leading India market polymer prices with a domestic market overview, alongside imported raw material cost prices and selected city-wise open market prices.
Platts will provide its benchmark international market polymer prices with bespoke analysis, and its market-driving upstream international oil prices and shipping costs. Both information providers will combine their breaking news, plant operation updates, traded deals, market commentary, and maps.
The weekly reports will be furnished with insightful analysis of industry, macro-economy and currency trends from CRISIL, India's largest independent and integrated research house, and another division of The McGraw-Hill Companies.
The reports are designed with information in convenient chains of feed-stocks and derivative products, and specifically customised for the South Asian supply chain of processors, traders, import/export companies, brokers and over 20,000 converters.
“India's polymer industry is growing fast annually at 10-12 percent. Companies active in this fast-paced industry need both domestic and international prices, market-moving news and insightful supply and demand analysis in order to support their essential business decisions,†said Leon Yeo, GM of Platts' petrochemicals division and VP of its Asia operations.
“We strongly believe that the PolymerUpdate-Polymer Scans will empower our readers to make more intelligent business-critical decisions,†said Sajjid Mitha, founder and president of PolymerUpdate.
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