The trusted and reliable Monopropylene glycol (MPG) reports are published by ICIS weekly in Asia, Europe and the US. The intelligence within the reports, gathered from across the markets by our locall- based reporters, will allow you to make informed and confident business decisions.
The price assessments cover spot markets in Asia and Europe, while in the US, contract prices are published. Unbiased commentary gives details of a general overview, graphs, feedstock information and news on different grades, where applicable.
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Monopropylene glycol news and market information products from ICIS
We offer the following regional Monopropylene glycol analysis and news coverage to keep you informed of factors and developments affecting prices in the Monopropylene glycol marketplace.
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Upstream of Monopropylene glycol
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Monopropylene glycol: Market overview
Updated to Q2 2018
Supply is set to increase in the second quarter as a major southeast Asia-based producer is expected to resume production in late April after it was taken off line in March for maintenance. Supply from other producers in northeast Asia will likely be largely stable as there are no known scheduled plant turnarounds for major producers during this period.
Demand is expected to stay relatively flat in the second quarter, with buyers expected to remain on the sidelines amid weak market sentiment. The uptrend in prices since the third quarter last year will likely thwart buying interest for higher priced cargoes, although suppliers’ April offers were mostly rolled over from March.
European MPGI supply is likely to be fairly steady, provided there are no major maintenance plans or reliability issues. Supply is likely to be relatively steady as the winter de-icer season ends, but the downstream unsaturated polyester resin sector is expected to pick up.
As winter demand from the main de-icer and anti-freeze sectors comes to an end, MPGI demand from the other main downstream sector, unsaturated polyester resin (UPR), seasonally picks up during the spring.
Supply of US MPG is expected to be good into the second quarter of 2018 as it comes out of the high-demand de-icing season and is yet to enter the spring unsaturated polyester resins (UPR) season. A producer said there is ample supply of feedstock propylene oxide, which should contribute to MPG supply availability.
Demand for MPG is likely to increase in the second quarter of 2018 as production of UPR ramps up. A producer said it expects UPR demand to be fairly typical as compared to previous years. A market source said there could be slightly less demand from distribution channels.
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Monopropylene glycol news & analysis
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Mono Propylene Glycol Methodology
About Monopropylene glycol
Mono propylene glycol (MPG) otherwise referred to as propylene glycol (PG), is a clear, colourless, odourless, hygroscopic, viscous liquid. It is relatively non-toxic but is a mild irritant and defatting agent. PG is combustible but not flammable at room temperature.
PG is used in the manufacture of high performance unsaturated polyester resins (UPR), as well as engine coolants, antifreeze applications, aircraft wing and runway de-icer, food, pharmaceuticals and personal care products, and paints/coatings.
The manufacture of plasticisers and hydraulic brake fluids consume considerable quantities of propylene glycol and it is also used in the manufacture of non-ionic detergents which are utilised not only in the petroleum, sugar refining and paper making industries, but also in the preparation of toiletries, antibiotics and liquid washing formulations.
Upstream of Monopropylene glycol
Downstream of Monopropylene glycol