Petrochemical Price Forecasting Techniques
Gain an overall understanding on petrochemical price definition and forecasting techniques, production cost analysis and inherent margin analysis to build your confidence in forecasting for the short, medium and long term. Explore the underlying energy and feedstock values, both variable and fixed costs and other production cost models. Discover the impact on inherent margin analysis on supply/demand balances, operating rates with recent market development and return on investment. Be equipped with price forecasting techniques on costing, diagnostic checks, regional relationships and arbitrage and price netbacks. This workshop will use Excel® based case studies to reinforce the different considerations across the short, medium and long term forecasting periods.
One session offered: Tuesday, 24 March
8:30 am – 5:00 pm
Larry Tan, Vice President, Chemical Consulting, Asia, IHS Markit
What Delegates will receive:
- Networking opportunities, including continental breakfast, lunch, and morning and afternoon breaks
- A printed color copy of the presentations in a workbook, which includes a glossary
- Certificates of course completion (upon request)
Who is this for?
Anyone who wants an overview of the key elements and profitability drivers of the petrochemical industry, from industry newcomers to experienced workers needing a refresher course. The course is designed to be of interest to both technical and non-technical people including business analysts, purchasing agents, sales and marketing personnel, researchers, process engineers, bankers and finance professionals, lawyers, HR staff, as well as downstream processors and fabricators.