Propylene Prices, markets & analysis
ICIS offers trusted and reliable market intelligence for those buying or selling Propylene or related products in the global Propylene market.
Our reporters across Asia, Europe and the US keep in touch with local markets, bringing you price assessments, in-depth news and analysis which you can rely on to guide you in your commercial decisions.
Propylene overview Transcript
Propylene is a gas and belongs to the olefin group of petrochemicals. Along side ethylene it is one of the most important building blocks in the petrochemical industry.
Propylene consumption is dominated by the production of polypropylene, which accounts for about 60% of global propylene demand. Other important derivatives of propylene are: acrylonitrile, propylene oxide, acrylic acid and oxo-alcohols. All of these have a wide variety of uses in the industrial and commercial sectors.
Propylene is primarily produced along side ethylene in the steam cracking process, the steam cracking of petroleum based products such as gasoline, naphtha and LPG. Propylene is also produced as a by-product of gasoline manufacture in fluid catalytic crackers (FCC's) in refineries.
There is also the propylene dehydrogenation route for the production of propylene.
How we can help
Propylene news and market information products from ICIS
We offer the following regional Propylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Propylene marketplace.
Price Reporting – More information about the price reports we publish on Propylene
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Propylene
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Propylene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Upstream of Propylene
Downstream of Propylene
Propylene: Market overview
The US propylene market has seen prices rise in July and August, largely on the back of higher feedstock naphtha and propane costs.
A recent spate of cracker issues has lent some tightness to supply. However, sources say buyers are starting to build their inventories before retreating to the sidelines in an effort to drive down prices.
European propylene producers hold bullish price ideas for the near term, if upstream costs remain firm, and because of upcoming cracker turnarounds. Demand has been healthy in August, despite the summer holidays in Europe, because of reduced production and forthcoming plant turnarounds. Buying activity was driven by the strong performance of the upstream sectors and expectations of higher contract prices in September.
In Asia, propylene prices have been supported by new downstream capacities and a series of shutdowns at crackers and propylene units. However, Chinese and Taiwanese buyers expect their import demand to weaken when new domestic capacities come on stream between August and the fourth quarter of 2013.
Updated to Mid-August 2013
News & analysis
Propylene news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
- Spot and contract price assessments
- Market commentray on trends and developments
- Transactions reported and confirmed
- Plant and production news
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Price forecast services
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
Dashboard – Easy access to ICIS pricing data
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
ICIS Chemical Business magazine
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
Market Studies & Analysis
ICIS publishes global annual studies, as well as dedicated reports on domestic China markets, which will help you navigate the complex petrochemical, oil and gas industries in the medium-to-long term. Our studies and reports provide expert analysis and forecast data on supply, demand, production and capacity for specific markets.
Supply & Demand Data
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Training & Conferences
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
Propylene is a colourless, flammable gas that burns with yellow, sooty flames. It is a dangerous fire risk because it is highly flammable and explosive when mixed with air or oxygen.
The dominant outlet for propylene is polypropylene (PP). Propylene is also used to produce acrylonitrile (ACN), propylene oxide (PO), a number of alcohols, cumene and acrylic acid.
The two main sources of propylene are as a byproduct from the steam cracking of liquid feedstocks such as naphtha as well as LPGs, and from off-gases produced in fluid catalytic cracking (FCC) units in refineries. The remainder of propylene is produced using on-purpose technologies such as propane dehydrogenation (PDH) and metathesis.
Propylene is highly flammable and needs to be stored in pressurised or refrigerated tanks.
Upstream of Propylene
Downstream of Propylene