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.
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Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Spot import prices in China were observed to be on an uptrend in the third quarter, attributed to tight supply conditions, market participants said. Two northeast Asian plants with combined capacity of more than 200,000 tonnes/year underwent maintenance turnaround in July, market sources said. A separate northeast Asian plant with 200,000 tonne/year capacity was heard operating at around 50-60% since around mid-July due to a compressor issue, sources said. A southeast Asian plant only resumed normal production towards late July after an unplanned outage in May, according to market players. Brief periods of reduced run rates at a 200,000 tonne/year plant during August were mentioned by sources. A Europe PO plant outage since early-June also indirectly resulted in reduced spot import availabilities in Asia, market players said.
Except for a brief dip around mid-August, Chinese domestic prices were largely on an uptrend for most of the third quarter, market players said. Reduced run rates by Shandong producers were seen capping sellers’ inventories at manageable levels, while buyers’ reluctance to build stock necessitated purchases as needed even in the face of price hikes, market participants observed.
Second quarter (Q2) contract prices for domestic PO were indicated at a rollover in South Korea. In Japan, Q2 domestic contract prices were heard declining in tandem with the quarter-on-quarter decrease in Q2 naphtha prices in Japan.
Updated to Q3 2014
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.