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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News & analysis
News & Analysis - News & market analysis specifically relating to Monopropylene glycol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Upstream of Monopropylene glycol
Downstream of Monopropylene glycol
Monopropylene glycol: Market overview
Updated to Q3 2017
US prices for monopropylene glycol (MPG) opened the third quarter (Q3) on a steady note, with contracts rolling over for July. Propylene feedstock contracts were also expected to roll over or firm up for July, which would keep MPG prices on a steady-to-firm trend into August. Demand for the product remains healthy and is expected to stay firm throughout the quarter, especially as the anti-freeze and de-icing season will be drawing near towards the end of the third quarter.
European mono propylene glycol industrial grade (MPGI) spot prices in the third quarter will depend on upstream propylene contract price developments, along with market fundamentals – which are relatively balanced at the end of June. One player said underlying demand remained healthy in the second half of June and it expects little change during the third quarter, apart from some slight seasonal slowdown during the summer holidays. In terms of availability, sources are likely to keep a close eye on Dow and Saudi Aramco’s new joint venture propylene oxide (PO)/MPG operations in the Middle East – with some talk that volumes may be available during the third quarter, although this has not been officially confirmed.
In Asia, MPG spot prices in the third quarter will likely be stable-to-soft on an expected decline in feedstock propylene oxide (PO) prices in China in the same period. Ample supply availability of MPG cargoes will further weigh on prices, although demand is expected to improve in August/September with the onset of the traditional peak demand season.
News & analysis
Monopropylene glycol 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:
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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