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.

  • 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.

IHS Markit Insight

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