POLYMER PRICE FORECASTS
Always one step ahead: Plasteurope.com expands forecasting portfolio to include standard thermoplastics / Great precision in prognosis / 3-month outlook
PIE expert for polymer price forecasts Julia Mihalkina (Photo: PIE) |
Those who already know tomorrow’s prices have a major competitive advantage. Volatility on polymer markets is increasing, influenced by several factors including feedstock and freight costs, material availability, demand, and geopolitical disruptions. Now more than ever, plastics processors need highly accurate and up-to-date forecasts on price development to adapt procurement strategies and minimise business risks. This is precisely what the PIE Polymer Price Forecasts offer: a qualified knowledge advantage for well-founded decisions.
In recent months, Plasteurope.com published forecasts for the ethylene (C2) and propylene (C3) monomers. Just in time for the start of the Fakuma trade fair in Friedrichshafen, Germany, PIE is expanding its portfolio of forecast reports to include polymers, offering projections for polyethylene, polypropylene, and PVC – 18 grades and variants in total! Based on European contract prices, the reports provide precise forecasts for the next month along with a directional trend for the following two months.
PIE’s price forecast models are based on our comprehensive in-house database, which draws on historical market data going back to 1984. Market data from our monthly polymer price reports as well as information on developments in spot markets, material availability, and relevant production capacities worldwide are also incorporated into the modeling. We obtain this data on a daily basis from our Polyglobe database.
Thanks to calculation models with machine learning capabilities, stochastic analysis tools, and the use of industry-specific algorithms, our price forecasts achieve an accuracy of well over 90%. This high level of accuracy enables companies to reliably anticipate market developments early on and make dependable strategic decisions. PIE’s forecasting models are continuously evaluated and calibrated to ensure consistently high performance and relevance in a constantly changing market environment.
With the conclusion of the free-trial period for the monomer forecasts C2 and C3, Plasteurope.com subscribers can now add the comprehensive 3-month Polymer Price Forecasts directly to their existing subscription in their personal account in the Forecasts section.
To mark the launch of the new forecasts, Plasteurope.com is offering its subscribers an exclusive, limited offer at a special price.
Get a glimpse into the future! Use our new Plasteurope.com Polymer Price Forecasts for reliable market insights!
Julia Mihalkina
Senior Analyst Plasteurope.com Price Team
In recent months, Plasteurope.com published forecasts for the ethylene (C2) and propylene (C3) monomers. Just in time for the start of the Fakuma trade fair in Friedrichshafen, Germany, PIE is expanding its portfolio of forecast reports to include polymers, offering projections for polyethylene, polypropylene, and PVC – 18 grades and variants in total! Based on European contract prices, the reports provide precise forecasts for the next month along with a directional trend for the following two months.
PIE’s price forecast models are based on our comprehensive in-house database, which draws on historical market data going back to 1984. Market data from our monthly polymer price reports as well as information on developments in spot markets, material availability, and relevant production capacities worldwide are also incorporated into the modeling. We obtain this data on a daily basis from our Polyglobe database.
Thanks to calculation models with machine learning capabilities, stochastic analysis tools, and the use of industry-specific algorithms, our price forecasts achieve an accuracy of well over 90%. This high level of accuracy enables companies to reliably anticipate market developments early on and make dependable strategic decisions. PIE’s forecasting models are continuously evaluated and calibrated to ensure consistently high performance and relevance in a constantly changing market environment.
With the conclusion of the free-trial period for the monomer forecasts C2 and C3, Plasteurope.com subscribers can now add the comprehensive 3-month Polymer Price Forecasts directly to their existing subscription in their personal account in the Forecasts section.
To mark the launch of the new forecasts, Plasteurope.com is offering its subscribers an exclusive, limited offer at a special price.
Get a glimpse into the future! Use our new Plasteurope.com Polymer Price Forecasts for reliable market insights!
Julia Mihalkina
Senior Analyst Plasteurope.com Price Team
14.10.2024 Plasteurope.com [256272-0]
Published on 14.10.2024