Our insights into regional Propylene markets are provided by our network of reporters based locally in those markets. Daily market intelligence is also available for coverage of the Asian markets. Find out more about ICIS consulting services >>. Propane increased 0.15 USD/GAL or 30.47% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Posted December 16, 2020 by David Patten. Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China. Breaking news of latest developments affecting the markets. The main outlet for propylene is as a feedstock for polypropylene (PP). constraints into 2021, INSIGHT-OUTLOOK '21: China's petchem industry to thrive in Europe ethylene, propylene in cautious mode after H1 expectations disrupted by global woes Source: ICIS News 2019/06/18 LONDON (ICIS)–European ethylene and propylene players will have been revising their original plans for the remainder of 2019 to show much more caution after the first half did not go according to expectations. The first... HOUSTON (ICIS)--Agilyx and Braskem have begun exploring the development and construction of a chemical recycling project in North America, the chemical recycling company said on Thursday. Find out more about ICIS training courses >>. Chemical grade propylene is now $0.47/lb . Information covered in our price reports includes: Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway. Price History – More information about the historical price data we publish on Propylene, News & analysis Price Reporting – More information about the price reports we publish on Propylene, Independent price assessments and market coverage by region, Price history Krungsri Research. In Statista. With a new PO unit set to begin commercial production in October, one Thai producer cut back its exports in September. HOUSTON (ICIS)--US June propylene contracts settled lower for a majority of the market, sources confirmed on Monday, tracking declining spot prices since late May. Ethylene Highlights from 07 Dec,2020 - 18 Dec,2020. Propylene news and market information products from ICIS. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers. While low prices may be expanding margins for ethylene buyers, they also exert a bearish force down the supply chain to the products produced from ethylene. Overall levels improved, but as demand for those derivatives boosted by the onset of the pandemic cooled off, demand for other derivatives that had not fared so well, began to improve. this week, with 1H 2019 trading at 47.75 cpp and 2Q 2019 trading at 47.5 cpp on Monday and calendar 2019 trading twice at 48 cpp on Tuesday. Demand for US propylene improved from its Q2 trough as economies around the world adjusted to the coronavirus and eased restrictions that would inhibit consumption. Phone 484-234-5030 Find out more about ICIS consulting services >>. Find out more about ICIS pricing reports >>. Supply was generally tight, particularly in northeast Asia. Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. Whichever regional Propylene markets you work in, ICIS offers the thorough pricing information you need to operate with confidence. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. Effective January 15, 2021 or as contracts allow, Lyondell Chemical Company (“Lyondell”) is increasing off list prices for all grades of Propylene Glycol in North America and South America per the following: Propylene Glycol Industrial Grade (PGI) $0.06/lbPropylene Glycol USP/EP Grade (PG USP/EP) $0.06/lbDi-Propylene Glycol Industrial Grade (DPGI) $0.06/lbDi-Propylene Glycol … The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. Three months ended December 31, 2019 versus three months ended September 30, 2019 - EBITDA decreased $155 million versus the third quarter 2019. US Residential Propane Price is at a current level of 1.972, up from 1.942 last week and down from 2.023 one year ago. Find out more about ICIS consulting expertise in China >>. ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. Many of the production issues that curbed US propylene supply in Q3 are expected to be resolved in Q4, which should rebalance what has been a tight market. Posted December 16, 2020 by David Patten. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS. It is a dangerous fire risk because it is highly flammable and explosive when mixed with air or oxygen. 24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. Propylene was not as affected by the storms that hit the US Gulf Coast in Q3. (June 1, 2019). PGP spot prices were assessed at 38.5-38.75 cents/lb in the week ended 24 May. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. However, with ethane expected to continue to be the favoured cracker feedstock and refinery utilisation expected to remain well below average levels through the North American winter, propylene supply growth will be limited in Q4. Demand was mixed. fuels, chems, US IPA price increase nominations introduced following rising Global propylene demand typically reflects broader consumer demand, which is expected to be more resistant to future waves of coronavirus infections than it was in Q2. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. Propylene Market Report and Price Trend Propylene Highlights from 07 Dec,2020 - 18 … Propylene Rises 10c/lb in December. Insight and analysis of factors driving prices. ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts. December 15, 2020. Effective January 1, 2021, or as contracts allow, The Dow Chemical Company, Read more. Find out more about the ICIS supply and demand database >>. Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. The settlement puts June polymer-grade propylene (PGP) contract prices at 36.5 cents/lb ($805/tonne) DEL (delivered) and chemical-grade propylene (CGP) contract prices at 35 cents/lb DEL, down by 3.5 cents/lb. The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market. You can also export data to Excel via the ICIS dashboard service. Find out more about ICIS consulting expertise in China >>. Everchem Specialty Chemicals Rose Tree Corporate Center 1400 N Providence Rd Suite 302 Media, PA 19063. We offer the following regional Propylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Propylene marketplace. Even with NGLs languishing at 2019 lows, costs to produce ethylene with anything other than ethane is a losing proposition for most. 2020 finished on a far stronger note than many would... SINGAPORE (ICIS)--China's petrochemical industry in 2021 will certainly see light at the end of the tunnel following a cataclysmic year with main drivers coming from growing demand in particular... HOUSTON (ICIS)--Isopropanol (IPA) domestic and spot prices rose this week, following nominations with quick turnarounds from several producers last week. Propylene news and market information products from ICIS. Reference price of PROPYLENE is 1107.424USD/MT, down 1.53% from 1124.63USD/MT on … According to PCW’s Barry, expectations for August propylene monomer contracts were generally for flat to slightly lower. Even with NGLs languishing at 2019 lows, costs to produce ethylene with anything other than ethane is a losing proposition for most. Domestic demand of poly propylene glycol in South Korea 2006-2019 Polypropylene: sales volume in the United Kingdom (UK) 2010-2018 Production volume of poly propylene glycol in South Korea 2009-2019 With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans. Propylene is highly flammable and needs to be stored in pressurised or refrigerated tanks. Propylene is a colourless, highly flammable gas. Imports of all grades increased apart from PP... ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. You can control cookies through your browser settings. PE market to reckon with new capacities, PP tempered by propylene supply Source: ICIS News 2018/12/27 LONDON (ICIS)–European polymers markets are set to diverge further in 2019 as polyethylene (PE) continues reckoning with the global new capacities while polypropylene (PP) remains tempered by upstream propylene supply. The MTD 30-day weighted average for Nov MtB-EPC PGP was 45.729 cpp, compared with 55.271 cpp in Oct. ICIS produces a series of highly informative and timely conferences. Suppliers, Exporters at chemicalbook.com. North American selling prices for polypropylene and solid polystyrene resins have begun 2019 in the same way they ended 2018 — with lower prices. We offer the following regional Propylene coverage to keep you informed of factors and developments affecting prices in the US Propylene marketplace. ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models. But NAM an ethylene story. ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market. Demand in Taiwan and southeast Asia was stable while Japan saw sporadic demand. LONDON (ICIS)--The European oxo-alcohol market is expecting a very challenging start to 2021 due to tight supply and ongoing strength in demand. Propylene demand from the PP sector softened, although the demand for PP improved. Find out more about the ICIS Supply and Demand Window. ICIS pricing intelligence is delivered to you online via the ICIS dashboard. These prices are … The US propylene report offers an assessment of spot and contract prices that are commonly accepted as the benchmark for the industry, not only in the US, but in other parts of the world. We offer the following regional Propylene coverage to keep you informed of factors and developments affecting prices in the Europe Propylene marketplace.. Price reporting Price Reporting – More information about the price reports we publish on Propylene US April polymer-grade propylene (PGP) contract prices were assessed flat at 35.5 cents/lb. Outages unrelated to weather curbed production. Price History – More information about the historical price data we publish on Propylene, News & analysis In Japan, there were various planned and unplanned shutdowns affecting FCC units as well as steam cracking units. We offer the following regional Propylene coverage to keep you informed of factors and developments affecting prices in the US Propylene marketplace.. Price reporting Price Reporting – More information about the price reports we publish on Propylene Now, additional price increase initiatives... MOSCOW (MRC)--Polypropylene (PP) imports into Ukraine totalled slightly over 124,400 tonnes in the first 11 months of 2020, up by only 1% year on year. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway. The two main sources of propylene are as a byproduct from the steam cracking of liquid feedstocks such as naphtha as well as LPGs, and from off-gases produced in fluid catalytic cracking (FCC) units in refineries. feedstock costs, tight, Agilyx, Braskem to explore chem recycling project in North Co-product prices are attractive - polymer grade propylene is still above 30 cents - however, cracking propane or butane leaves the ethylene portion of the process at a … With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts. US IPA prices rise amid higher propylene costs, INSIGHT: Mexico mulls tougher import permits for fossil ICIS provides reliable and trustworthy weekly price assessments for propylene in Asia, China, Europe and the US. News & Analysis – News & market analysis specifically relating to Propylene. Planned and unplanned derivative production issues in September lengthened supply in all areas in September, but particularly impacted chemical grade in the inland region. Read more Price Reporting – More information about the price reports we publish on Propylene, Independent price assessments and market coverage, Price history OUTLOOK ’21 Europe oxo-alcohols bolstered by supply PGP spot prices were assessed at 38.5-38.75 cents/lb in the week ended 24 May. This is a change of 1.54% from last week and -2.52% from one year ago. The increase brought the US June polymer-grade propylene contract price to 26.5 cents/lb and chemical-grade propylene contract price to 25 cents/lb, the sources said. We offer the following regional Propylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Propylene marketplace.. Price reporting Price Reporting – More information about the price reports we publish on Propylene America, Please find more information on the cookies used on our site here, Market commentary on trends and developments. This spike in prices was largely due to a cold winter causing propane inventories to drop. Our subscriber base includes buyers and sellers as well as traders and analysts both in the US and abroad. The prolonged shutdown at BASF Total’s Port Arthur, Texas, cracker, in particular, reduced propylene supply. European propylene supply was mixed during Q3, depending on grade and location. Various cracker outages and ongoing constraints from refineries helped offset derivative outages in September. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. ... real-time market data feeds. In late August and early September, the Chinese yuan strengthened against the US dollar, giving importers a further shot in the arm. The report includes feedstock prices and weekly production data. Price reporting ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Propylene. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. Demand in China was generally stable for imports. DUBLIN, March 25, 2019 /PRNewswire/ -- The "Propylene Glycol (PG): 2019 World Market Outlook and Forecast up to 2023" report has been added to ResearchAndMarkets.com's offering.. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers. Moreover, PP prices dropped by about 24¢/lb between November 2018 and March 2019. You can control cookies through your browser settings. Propylene Market View Propylene to Ethylene Price Ratios, big impact on cash costs – Asia and West Europe below recent history, North America may have bottomed out? The dominant outlet for propylene is polypropylene (PP). Over 25 years of reporting on key chemicals markets, including Propylene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Propylene is a colourless, flammable gas that burns with yellow, sooty flames. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. In South Korea, strong domestic demand also led to limited spot cargoes available for exports. Dow Increases TDI Price. “Butane cracking, soft PP demand and high propylene inventories were mentioned as bearish factors for the propylene market.” Find out more about ICIS margin reports >>. Price reporting Compared with the prior period, olefins results decreased approximately $20 million with a decline in margin partially offset by an increase in volume. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. June US propylene contract prices settled a half-cent higher than May contract prices June 29, trade participants said. Depending on the region, quotations are for spot and contract. Historically, Propane reached an all time high of 1.67 in February of 2014. Southeast Asia was balanced but tightened towards the end of Q3. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. The... ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. ICIS keeps our subscribers updated on anything that might potentially move prices such as cracker outages, start-ups or scheduled maintenance. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments. News & Analysis – News & market analysis specifically relating to Propylene. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS. 2019 has not turned out to be such a Happy New Year for ethylene sellers, with prices easing. US propylene supply has recovered in the first half of 2019, as production from propane dehydrogenation units has improved. Read more Subscribers to our Commodity Price Database have access to Propylene and as many as 217 other commodities prices across several countries from main world regions. Countries capacity shares in world total, 2019 Major propylene producers in the world, 2019 Structure of global consumption, 2019 Europe prices dynamics Asia prices dynamics North America prices dynamics. For certain commodities, historical data and market alerts delivered to your email inbox providing! 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