Customer Logins

Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.

Customer Logins

1 Day series | Petrochemical Industry Fundamentals | Petrochemical Price Forecasting Techniques | Commercial Strategies for Petrochemical Industry

alt text

Tuesday,22 October 2019

  • Petrochemical Industry Fundamentals
  • Morning Session

    Introduction

    Petrochemical Feedstocks

    • Natural Gas
    • Natural Gas Liquids (NGLs)
    • Crude Oil Fractions, especially naphtha, coal and renewables

    Petrochemical Building Blocks

    • Aromatics: Benzene, Toluene, Xylenes
    • Light Olefins: Ethylene, Propylene, Butadiene

    Lunch

  • Afternoon Session

    Heavy Olefins: Butadiene, Butylenes

    Exploring Petrochemical Value Chains

    • Polyethylenes (LDPE, LLDPE, HDPE)
    • Polypropylene (PP)
    • Polystyrene (GPPS, HIPS, EPS)
    • Chlor-alkali/Vinyls
    • Synthesis Gas (Syngas) – Ammonia and Methanol

    Global Markets

    • Market Drivers
    • Demand and Consumption Patterns
    • Outlook for Investment

    Close

Wednesday,23 October 2019

  • Petrochemical Price Forecasting Techniques
  • Morning session

    Introduction

    Price definitions and forecasting techniques

    • Short, medium and long term prices

    Production cost analysis

    • Underlying energy and feedstock values
    • Feedstock, variable & fixed cost, co-product credits
    • Alternative values
    • Production cost models

    Case Study 1: Cash cost of production

    Inherent margin analysis

    • Supply/demand balances
    • Impact of operating rates
    • Market momentum and psychology
    • Return on investments
  • Afternoon session

    Price forecasting techniques

    • Cost plus margin
    • Regional relationships and arbitrage
    • Price netbacks

    Case Study 2: Hands on supply-demand forecasting and price outlook analysis

  • Close

Thursday,24 October 2019

  • Commercial Strategies for Petrochemical Industry
  • Morning session

    Introduction


    An overview of commercial lexicons

    Commercial Optimization along value chains

    • Case Study 1: I smell an optimization opportunity
    • Pricing concepts
    • Floor, Ceiling and Market concepts
    • Netback analysis
    • Case Study 2: Where do we sell the spot cargo to?
    • Marketing vs trading
    • Case Study 3: Tender time
    • Lunch Break
  • Afternoon session

    Evolution of Trading Centers – Oil and Petrochemicals

    Commercial Risk elements

    Market risks

    • Case study 4: Selling at fixed or formulae prices
    • Counterparty
    • Credit
    • Operations
    • Case study 5: Implications of missing contractual loading laycan
    • Regulatory/Political
    • Hedging concepts
    • Case study 6: Taking advantage of market contango
  • Close
Filter Sort