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 Q4 2018
Supply may tighten to some extent, if flow of US imports into China stops due to Chinese imposition of fresh import tariffs on US-origin supplies.
Demand may remain lukewarm in nature, if overall economic performance in the region does not pick up. Otherwise, usually requirements for MPG would strengthen in the fourth quarter on the back of increased usage for applications such as de-icing.
European mono propylene glycol industrial grade (MPGI) supply is likely to be mainly driven by winter seasonal factors, despite the year-end slowdown from other sectors. This is because de-icer is a main outlet for MPGI during the winter and if there is a strong pull from this sector, then this could tighten MPGI supply but if not, then MPGI supply is likely to be sufficient.
European mono propylene glycol industrial grade (MPGI) demand typically gains momentum from the main downstream de-icer, anti-freeze sectors during the winter. The extent of any winter season pick-up depends on how the winter pans out and on inventories. For non-winter season sectors, Q4 activity is likely to slow due to the Christmas holidays and year-end stock/working capital considerations.
Supply of US monopropylene glycol (MPG) could tighten in the early part of the fourth quarter as a major producer was undergoing a turnaround in September, which is expected to last three to four weeks. A second large producer is also heard to have a turnaround scheduled this quarter.
Demand for monopropylene glycol (MPG) is likely to stay strong into the fourth quarter as buying for RV antifreeze and aircraft de-icing sectors peak. The US National Weather Service Climate Prediction Center is expecting above-normal temperatures for most of the country in the quarter, which could ease demand.
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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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