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Negotiate favorable supply contracts

Benchmark buying opportunities with reliable and accurate market analysis.

To negotiate an advantageous supply contract for your raw materials, you need an objective and comprehensive view of your chemical markets. Tracking near-term market trends – including forecasted price shifts – is critical to supporting your purchasing and pricing decisions. Presenting your suppliers with a third-party price index can strengthen your negotiating position. Against the prevailing climate of uncertainty, you need to be able to rationalize decisions about when to buy, how much, who from and at which price.

What IHS Markit can do for you:

  • Identify and capitalize on buying opportunities for new raw material supply contracts
  • Negotiate supply contracts with index price formulas derived from reliable, accurate third-party price settlements and near-term market trends and pricing
  • Achieve efficient contract settlement mechanisms with key suppliers using credible industry data, forecasts and market intelligence
  • Improve supplier relationships and capitalize on buying opportunities with impartial assessments of major chemical producers
  • Minimize exposure to risk and margin loss with access to industry-leading experts who can help validate your procurement decisions

Products & Solutions

Market Advisory Services (MAS)

Near-term pricing and market dynamics.

Comprehensive price discovery, near-term analysis and forecasts of global chemical markets. Our experts leverage years of industry experience and extensive professional contacts to help clients improve market portfolio planning and make better buying, selling and operating decisions. Reports are provided weekly, biweekly, and/or monthly, depending upon the service. For some actively traded chemicals, Market Daily Services are offered.

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Process Economics Program (PEP)

Detailed technical and economic evaluation with user-interactive models of over 2,000 commercial and emerging chemical, refining and related technologies.

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IHS Markit Insight

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Industry Success Stories


Dec 14

Track global exports of polyethylene and polypropylene by US dollar per metric ton, Learn more.…

Read the IHS Chemical Blog

Dec 07

M&A – Megadeals will the trend continue?

From the US chemical renaissance inspired by shale, to the feedstock shift in Asia towards unconventionals, and the drop in competitiveness of the Middle East because of reduced ethane availability and higher prices, industry players have been prompted to look increasingly at M&A as a way to extend market reach, acquire technology and concentrate or extend t..more

Nov 21

Bright future ahead for specialty chemicals after 2016 hiccup

The global market for specialty chemicals totaled $556 billion in 2016, driven by the strong demand for personal electronics and the increasing buying power of Chinese consumers. Despite the strong performance of these consumer markets, other economic headwinds joined forces to stall market growth: a slowing Chinese economy, the recessio..more

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