Chemicals
Optimal Markets provides solutions to the world's most prestigious chemical companies for both purchasing and sales. We have provided auctions for transacting olefins, aromatics and natural gas liquids, and are adding chemical types on a regular basis.
For The Williams Company
Williams routinely uses Optimal Markets auctions for sale of large quantities of ethylene. In a typical auction, 10-15 million pounds are sold with upwards of 10 bidders participating in simultaneous, multi-lateral bidding. Often, numerous bidders are awarded some portion of the total sale.
Through Optimal Markets auctions, Williams is able to derive market prices that are fair to both seller and buyers. Bidders gladly participate in Williams' auctions in order to have a stake in developing the market.
"We have used Optimal Markets auctions since 2003 and have truly benefited from the efficient and equitable approach. Our customers are glad to show up to our auctions and I have received many compliments on the process." Kelly Knopp, Manager, Olefins Sales, Williams Olefins L.L.C.