ChemOrbis brings clarity and reality to polymer pricing. Our goal is to continuously provide the most up-to-date and accurate reports of prices available in the market so that our members can make appropriate and profitable trading decisions.

The launching of a new Index will go a long way towards bringing clarity to the market and will be an important tool for our members both in trading decisions as well as for our members’ contract business, whether it is between buyers and sellers in the polymer market or between converters and their end customers.

Prices are always from first hand sources directly involved in the reported transaction, meaning heard information is never included in the Price Index range. Prices are taken each week from a wide range of sources on both the buy and sell side of polymer transactions. ChemOrbis does not believe in editing, amending or in any way making up price ranges based on its own judgment. However, all reported prices are put through rigorous analytical tests, including netback and cost analysis, before the decision is made to include them in the Price Index.

The ChemOrbis system is also unique in that the collection and reporting of market information is done by an extensive local team located within each country covered, while the creation of Market Intelligence is done by an independent team which performs quality assurance. This process helps minimize bias and leads to true objectivity. At the same time, the wide range of market sources and the sheer number of price reports tracked on a weekly basis allows ChemOrbis to publish a unique “Weighted Average Index” which shows where the majority of prices are congregating within the range.