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.
Our editor gives their expert view
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.
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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
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Propylene: Market overview
Updated to Q4 2015
Global propylene prices are likely to remain under downward pressure throughout the fourth quarter of 2015, impacted primarily by developments in Asia.
Asian prices are expected to remain weak because of increased capacities in China, South Korea and southeast Asia. At least 1.19m tonnes/year of new supply came on stream in August and early September, and another 435,000 tonnes/year of production is scheduled to start up in southeast Asia in the fourth quarter.
There is some expectation that US prices will rebound a little on a shift back to ethane feedstock and reduced production of gasoline, as well as expectations that demand will remain healthy, partly at the expense of European propylene derivatives.
Europe is expected to remain by far the highest-priced region, and this will keep negative pressure on derivatives, reducing demand for propylene. Supply is likely to remain lengthy, particularly as still-buoyant ethylene demand will be keeping cracker operations at a fairly high level.
News & analysis
Propylene news & analysis
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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