The Petrochemical Standard (TPS), a real-time provider of critical pricing information to the global petrochemical market, has released its TPS Aromatics Trade Flow Report (ATFR).
The report offers insights into the trade flow of key aromatics, and seeks to supplement supply-side dynamics by providing an understanding of what aromatics shipments are moving into and out of the US. The ATFR will be a valuable tool for producers, consumers and traders of aromatics and their derivatives.
Kevin Allen, TPS Director for Analysis, suggested that the Aromatics Trade Flow Report is unlike other reports in that it provides a detailed look at the aromatics market, and offers insights on how the fundamentals of trade flow drive pricing. “The purpose of the report is to be as granular as possible and provide readers with volumes of benzene, toluene, xylenes, and styrene, both landed and on the water. We also provide estimated loading times, carrier and vessel names as well as loading and discharge ports”.
“The report gives vessel position, trajectory when relevant, speed and next port of call. In addition to the fixtures themselves, the report includes a summary for each product and touches on global pricing and open arbitrage opportunities”.
The report incorporated vessel tracking data from TPS partner Genscape. “The combination of Genscape’s proprietary technology for gathering near real-time operational data on the petrochemical supply chain paired with TPS’ extensive experience in commodity price assessments and analytics enables us to create a very clear and beneficial picture of the aromatics market”, said Shahrin Ismaiyatim, TPS founding partner and Chief Content Officer.
Adapted from a press release by Emma McAleavey.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/28082014/tps-trade-flow-report-1196/