Polyols Prices, markets & analysis
Whichever regional Polyols markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Polyols markets are provided by our network of reporters based locally in those markets.
This enables us to provide in-depth price assessments and market coverage that are reliable and up-to-date on the very latest developments.
Use ICIS information to:
- See what’s driving prices
- Understand fluctuations
- Feed into your own analytical models
- Confidently negotiate deals
- Underpin settlements and contracts
Polyols Asia Transcript
Polyether polyols is a polymer made from propylene oxide or PO. It comes in a wide variety of grades based on end use.
Polyols are mostly used to produce flexible or rigid polyurethane or PU foams through a reaction with either toluene diisocyanate TDI or methylene-di-p-phenlyamine diisocyanate or MDI.
In Asia, the largest polyether polyols production capacity is in China, while South Korea is the largest exporter. However, Chinese producers are actively expanding their global presence, due to further capacity expansions.
The Asian polyols market is traded on a spot basis with prices influenced by supply and demand fundamentals and upstream propylene and PO values.
Polyols news and market information products from ICIS
We offer the following regional Polyols coverage to keep you informed of factors and developments affecting prices in the Asia Polyols marketplace.
Price Reporting – More information about the price reports we publish on Polyols
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 Polyols
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Weak demand for polyether polyols in the Middle East exerted downward pressure on polyol prices for a large part of the fourth quarter of 2012. Market sources attributed the weak demand to the ongoing economic uncertainty, which has weakened the demand for consumer products. Prices fell to a low of $1,800-1,850/tonne CFR (cost & freight) Gulf Cooperation Council (GCC)/Middle East and $1,650-1,700/tonne CFR GCC/Middle East in early December for flexible slabstocks and rigid foam, respectively.
However, firming feedstock propylene oxide (PO) costs left suppliers with little choice but to implement price hikes in January, as they struggled with squeezed margins. For the week ended 14 February, flexible slabstocks prices were at $2,050-2,150/tonne CFR GCC/Middle East, while rigid foam prices were at $1,750-1,850/tonne CFR GCC/Middle East.
Going forward, some suppliers were said to be mulling the possibility of further price hikes. Nonetheless, buyers and end-users felt that this cost-driven increase in polyol prices is not sustainable given that demand is still fundamentally weak.
Updated to mid-February 2013
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Polyols.
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 Polyols. 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 Polyols, 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.