Today’s global chemical markets are experiencing a much higher degree of uncertainty than they did just five years ago. As a result, chemical professionals must often make high-revenue decisions with limited future visibility. In response, IHS Markit has recently updated our World Analysis service to transition from a tool that supports your annual planning efforts to serving as a dynamic reference that operationalizes your strategic insights throughout the year. In addition to constantly updated capacity levels and biannually updated supply-demand balances – including the 10-year forecast for each – the enhanced World Analysis service now includes country-level trade grids, quarterly updated pricing, cost and margin forecasts, and the inclusion of upside-downside sensitivities to the base-case forecast.
With the enhanced World Analysis service, you can:
1. Optimize your supply chain and logistics planning with country-level trade data
2. Understand how capacity additions will impact trade flows – including who might be displaced
3. Sync your long-term pricing forecast with current global economic and energy changes
4. Improve your planning and forecasting by understanding the sensitivity of key forecast drivers