Propylene oxide Prices, markets & analysis
ICIS price reporting for regional Propylene oxide markets is unparalleled in its ability to keep you on top of the information you need.
Our network of price reporters delivers direct and regular insights into the local markets they work in.
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Propylene oxide Asia Transcript
The weekly ICIS Asia Pacific propylene oxide (PO) report covers both contract and spot prices. Quarterly contracts are assessed for domestic markets such as Japan and South Korea.
On spot, we monitor both the cost & freight (CFR) import and delivered domestic prices in the critical China market. Providing details of deals and buy-sell ideas for Eastern and Northern regions.
To support assessments, our commentary provides analysis of the supply and demand situation, where recent import volumes and any production issues and outages are listed.
Monthly data on production of upholstered furniture in China is also included.
We provide essential context for our readers by including the latest information on upstream propylene and chlorine prices and key downstream flexible polyether polyols slab stock numbers.
The ICIS report helps readers to understand the market and our accurate price assessments have become essential tools for contract negotiations.
Propylene oxide news and market information products from ICIS
We offer the following regional Propylene oxide coverage to keep you informed of factors and developments affecting prices in the Asia Propylene oxide marketplace.
Price Reporting – More information about the price reports we publish on Propylene oxide
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
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News & analysis
News & Analysis - News & market analysis specifically relating to Propylene oxide
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q4 2014
Propylene oxide (PO) spot import prices in China were seen on a downtrend in the fourth quarter, as declining domestic prices in China dampened buying sentiment, market participants said. The spot import market saw some support in the first half of October, with two Asia plants heard starting turnarounds for periods of around two weeks and one-and-a-half months respectively.
Chinese domestic prices declined for six consecutive weeks starting from around mid-October. This was reflective of weak downstream demand and increased local supply from new onstream capacities as well as local plant restarts after early October shutdowns, players observed. Two new lines, each with capacity of 80,000 tonnes/year came online in October and November respectively, sources said. After a brief shutdown during the October national holidays in China, a separate 300,000 tonne/year plant was seen running two lines averaging around 60-70% from mid-October, before reducing production to run only one line at around 40-50% by mid-November, players added. A measured rebound in late November was attributed to reduced stock pressure of local producers.
In spite of tight supply, spot import prices declined from mid-October as bids fell in tandem with demand in the Chinese domestic market as buyers preferred to purchase local material unless spot import offers matched local prices, market participants observed.
In South Korea, Q3 contract prices for domestic PO were indicated at rollover prices While in Japan, Q3 domestic contract prices were heard increasing in tandem with the quarter-on-quarter increase in Q3 Japan naphtha prices.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Propylene oxide.
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 Propylene oxide. 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 Propylene oxide, 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.