Martin Fraenkel, Platts
"In today's environment, the pressure on our customers to make the right trading and operational decisions is greater than ever."
Singapore - Platts, the provider of energy, petrochemicals, metals and agriculture information and a source of benchmark prices for the physical and futures markets, has announced the launch of Platts Analytics. The new offering combines the company's analytical capabilities into a new product portfolio which aims to enable better informed trading and business decisions through an understanding of the supply and demand dynamics which ultimately drive commodity prices.
Martin Fraenkel, Chief Content Officer at Platts, said: "In today's environment, the pressure on our customers to make the right trading and operational decisions is greater than ever. To help directly address these issues, we have launched Platts Analytics, which offers customers access to essential analysis drawn from our unrivalled breadth of content and tools to provoke different ways of thinking about energy and commodities markets".
The analytical tools and forecasting capabilities developed internally within Platts and through the integration of acquisitions underpin the Platts Analytics suite. In oil and gas, this includes Eclipse Energy Group, Bentek Energy and Petromedia, as well as Kingsman in sugar and MVS in ferrous metals.
Platts Analytics is a functionally separate part of Platts and does not produce benchmarks or participate in the price assessment process.