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Monopropylene glycol news and market information products from ICIS
We offer the following regional Monopropylene glycol coverage to keep you informed of factors and developments affecting prices in the Europe Monopropylene glycol marketplace.
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Updated to Q1 2017
European mono propylene glycol industrial grade (MPGI) spot prices firmed from January until mid-February, due to strong deicer demand during the winter, which tightened spot availability. Higher upstream propylene contract costs were also a contributory influence, although market factors were the main driver for the price rises. In early January, average MPGI spot prices were at €1,210/tonne and climbed to €1,330/tonne by mid-February. During the second half of February and heading into March, spot prices fell back, despite firmer upstream propylene contract costs as deicer demand subsided and spot supply improved. Prices dropped by €55/tonne on average from the second half of February until 10 March, when prices were assessed at €1,275/tonne FD on average.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Monopropylene glycol.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Monopropylene glycol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Monopropylene glycol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.