Mono propylene glycol (MPG), otherwise referred to as propylene glycol (PG), is a product that is used in the manufacture of high performance unsaturated polyester resins (UPR), as well as engine coolants, antifreeze applications, aircraft wing and runway de-icer, food, pharmaceuticals and personal care products, and paints/coatings.
The manufacture of plasticisers and hydraulic brake fluids consume considerable quantities of propylene glycol and it is also used in the manufacture of non-ionic detergents which are utilised not only in the petroleum, sugar refining and paper making industries, but also in the preparation of toiletries, antibiotics and liquid washing formulations.
Propylene glycol is an excellent solvent and finds outlets in printing inks, alkyd resins and as an extractant.
Propylene glycol is relatively non-toxic but is a mild irritant.
ICIS pricing quotes mono propylene glycol in Europe, Asia-Pacific and the
Frequency:
Published weekly on Fridays.
MPG (
Weekly Price Assessments:
MPG Spot Prices
Feedstock Prices
MPG (Asia-Pacific)
Weekly Price Assessments:
Propylene Glycol (Industrial Grade) Bulk Spot Prices
Propylene Glycol (Industrial Grade) Drummed Spot Prices
Propylene Glycol (pharmaceutical grade) Drummed Spot Prices
Feedstock Prices
MPG (
Weekly Price Assessments:
MPG East of the
Propylene Glycol (Industrial Grade)
Propylene Glycol (Industrial Grade)
Propylene Glycol (Industrial Grade)
Propylene Glycol (US Pharmaceutical Grade)
Propylene Glycol (Antifreeze Grade)
Propylene Glycol (PGI Grade)
Feedstock Prices
General Information:
Assessment window: Price assessments are based on information supplied by market participants through the week up to close of business on Fridays at 1800 hours in
Specification: Minimum 99.7% purity. In the
Timing: Cargoes loading or delivered four-six weeks forward from the date of publication in Europe and the
Terms: 30-60 days after Bill of Lading date.
Standard cargo size: In
Assessment basis: The price ranges include spot transactions reported as physical deals and concluded between buyers and sellers during the previous week. Certain prices may be excluded from the range if they were negotiated in unusual circumstances or if special conditions were thought to apply. In the absence of business, the price spread can also move based on the majority of market sentiment. Price adjustments on the basis of netback assessments are avoided.
European assessments reflect pre-discounted technical/industrial grade values only. The price range represents weekly spot prices for mainland northwest Europe including
In Asia,
In the
Quarterly quotes are given for industrial grade and for distributors (industrial grade), and monthly quotes are given for industrial, pharmaceutical and antifreeze grades, and for export (usually industrial grade).
The weekly US MPG report focuses primarily on the East of the
All regional reports offer market commentary that includes details of traced transactions, news on the supply/demand balance, export/import information, contract price negotiations and general sentiment for price direction. Where applicable there is product information, comments on up and downstream market developments and general market intelligence.
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