Whichever regional Propylene markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Propylene markets are provided by our network of reporters based locally in those markets.
Use ICIS information to:
- See what’s driving prices
- Understand fluctuations
- Feed into your own analytical models
- Confidently negotiate deals
Propylene news and market information products from ICIS
We offer the following regional Propylene coverage to keep you informed of factors and developments affecting prices in the US Propylene marketplace.
Price Reporting – More information about the price reports we publish on Propylene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Propylene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q3 2016
US propylene buyers had been pushing for a decrease in July contracts, but quickly changing market fundamentals resulted in July contracts settling at an increase of 0.5 cents/lb. Sources said that lower feedstock costs were outweighed by supply issues, namely a number of production outages and the shutdown of some pipelines. From there, propylene prices surged, with most contracts settling at hefty increases of 3 cents/lb for August and 6 cents/lb for September.
Spot prices for polymer-grade propylene (PGP) climbed from the low 30s cents/lb in early July to the low 40s cents/lb in late August. However, sources argued that the recent run-up in spot prices was not reflective of the overall US propylene market. Rather, spot prices were said to be driven up by producers who were short on volumes, consumers with feedstock and logistical issues, as well as traders looking to profit on the volatility of the spot market.
Meanwhile, demand remains steady, and propylene buyers were concerned that they will struggle to pass through the increases to their customers.
The US propylene report offers an assessment of spot and contract prices that are commonly accepted as the benchmark for the industry, not only in the US, but in other parts of the world.
ICIS keeps our subscribers updated on anything that might potentially move prices such as cracker outages, start-ups or scheduled maintenance.
The report includes feedstock prices and weekly production data. It can benefit anyone buying or selling products made from polypropylene, acrylonitrile (ACN), propylene oxide (PO) or propylene glycol.
Our subscriber base includes buyers and sellers as well as traders and analysts both in the US and abroad.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Propylene. 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.
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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 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, 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.