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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Monopropylene glycol: Market overview
Updated to Q2 2018
Overall supply will likely be largely stable in the third quarter as there are no known scheduled plant turnarounds for major Asian and Middle Eastern producers during this period. Import volumes from a Middle East-based producer is expected to remain constant, with the majority of its Asian exports to continue to be China-bound.
Demand is expected to improve slightly in the third quarter with the onset of the traditional peak demand season in August/September. The gradual declines in MPG prices since the second half of May is also likely to induce buyers to replenish stock as they had been purchasing on a need-to-basis in the first quarter when prices were firm.
European MPG supply could improve during the quieter summer holidays, although this is also likely to be weighed up against plant reliability and operations in the wider market. There has been some talk of output/supply constraints for one main producer in Q2 2018, believed to be for maintenance related reasons and players will keep a close eye on how long it will take for availability and operations for this supplier to normalise.
Demand is likely to be typically slower during the main summer holiday period in Europe, although some early buying interest from the downstream de-icer sector may emerge during the third quarter, ahead of the next winter de-icer season.
Supply of US MPG is expected to be good into the third quarter of 2018, as upstream propylene supply could lengthen in the third quarter as production from refineries and crackers improves. Propylene production from propane dehydrogenation (PDH) units is expected to remain strong following the start-up of a new unit in the US Gulf.
Demand for MPG is likely to stay strong throughout the third quarter as buying for RV antifreeze is moving to full swing and some orders are likely to begin shipping by mid-July. Some orders for MPG for use in de-icing has already begun.
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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.
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