ICIS price reporting for regional Propylene oxide markets is unparalleled in its ability to keep you on top of the information you need.
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Updated to Q2 2017
Spot import prices for propylene oxide (PO) in China declined from mid-April before bottoming out in mid-May after hitting an average 2017 low of $1,095/tonne CFR (cost & freight) China. Prices climbed from then onwards until early June before retreating, moving in tandem with domestic prices.
China domestic average prices fell from the Q2 peak of Chinese yuan (CNY) 10,500/tonne DEL (delivered) China on 14 April to hit a 2017 low at CNY9,050/tonne DEL China on 12 May. Prices subsequently recovered to CNY9,900/tonne DEL China in early June and then slipped again in the two weeks that followed.
Domestic prices had dipped in second-half April due to Chinese plants having resumed normal production following environmental checks on Shandong plants from late March to mid-April. Prices regained some ground in the second of half May due to tighter supply from plant shutdowns in the Shandong region despite persistent weak demand in the downstream polyols sector.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Propylene oxide.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
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 Propylene oxide. 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 Propylene oxide, 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.