Monopropylene glycol Prices, markets & analysis
For clear insight into regional Monopropylene glycol markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
There’s no better way to stay up-to-speed with all the latest information that can make a difference to your business.
Use ICIS information to:
- Follow fluctuations and understand factors driving them
- Input into your own internal analytical models
- Clarify settlements and contracts
- Inform negotiations
Mono propylene glycol Europe Transcript
The Europe mono propylene glycol (MPG) report has an official spot range for the industrial grade product.
It is also an important pricing tool, where a lot of contracts are based on a formula pricing linked to ICIS.
It covers two other grades, dipropylene glycol grade and the USP pharmaceutical grade.
This includes market commentary and pricing information on both grades.
The report also contains important production updates and important import information on trade flows between Asia and Europe.
The report also has invaluable information for both producers, buyers and traders and gives an overall view on various downstream sectors including the unsaturated polyester resin sector, food packaging, surfactants and different seasonal businesses.
Monopropylene glycol news and market information products from ICIS
We offer the following regional Monopropylene glycol coverage to keep you informed of factors and developments affecting prices in the Europe Monopropylene glycol marketplace.
Price Reporting – More information about the price reports we publish on Monopropylene glycol
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Monopropylene glycol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
After a period of stagnation in the summer, monopropylene glycol (MPG) prices spiked in early August mainly due to a €50/tonne rise in the propylene feedstock price.
MPG prices were also boosted by strong demand from the unsaturated polyester resin (UPR) sector and initial restocking from the de-icing sector. UPR demand traditionally tapers off in the autumn months but this year it has maintained steady ordering going into November and, along with strong de-icer demand, has helped keep prices on an upward trajectory.
According to ICIS data, early November MPG prices firmed to an average of €1,240/tonne, the highest level since March despite two consecutive months of feedstock reductions totalling €70/tonne.
Supply has been decreasing steadily since the summer glut as several producers had to turn down new November business due to extremely low availability. There was talk of upstream propylene oxide (PO) maintenance shutdowns, which contributed to the tightness in the market, although no specific outages were officially confirmed.
Updated to mid-November 2013
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Monopropylene glycol.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Monopropylene glycol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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.
Over 25 years of reporting on key chemicals markets, including Monopropylene glycol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.