Monopropylene glycol Prices, markets & analysis
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Mono propylene glycol US Transcript
The US mono propylene glycol report (MPG) is a weekly publication and covers monthly contract prices for USP grade, industrial grade and anti-freeze grade product, as well as monthly export prices.
The report is prepared by speaking with market participants on both the buy and sell sides every week, in order to get the most objective and up-to-date information possible.
Since propylene prices greatly impact the prices of MPG, detailed information about this feedstock is also presented.
This report is essential reading, its methodical and accurate data assists buyers and sellers alike and helps them make vital decisions about their markets.
Monopropylene glycol news and market information products from ICIS
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Updated to Q2 2014
US mono propylene glycol (MPG) contract prices have been steady to soft during the second quarter (Q2) as strong demand from the downstream anti-freeze and de-icing sectors came off and supply was no longer tight.
Formula-dependent contracts followed the consecutive declines in the contract price of feedstock propylene, while non-formula-dependent contracts rolled over.
June MPG contract prices were assessed at 94.65-102.64 cents/lb ($2,087-2,263/tonne) FOB (free on board) for industrial grade from 95.65-104.65 cents/lb FOB in March. Anti-freeze grade was assessed at 85.00-93.64 cents/lb FOB in June from 86.00-95.65 cents/lb FOB in March. Pharmaceutical grade was assessed at 100.65-108.64 cents/lb FOB in June from 101.65-110.65 cents/lb FOB in March.
Demand in downstream markets is strong, except in anti-freeze and de-icing, which are in their off season. Unsaturated polyester resins (UPRs) are in good shape and construction activity has been strong.
May and June were said to be easygoing months, without much pressure to move prices up or down, according to market sources.
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.